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Saudi government revenues and expenditures :a financial crisis in the making /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Saudi government revenues and expenditures :Abdulaziz Aldukheil.
Reminder of title:	a financial crisis in the making /
Author:	Aldukheil, Abdulaziz,
Description:	1 online resource.
Subject:	Finance, PublicSaudi Arabia.
Subject:	Saudi ArabiaSocial life and customs.
Online resource:	https://link.springer.com/book/10.1057/9781137342928
ISBN:	1137342927 (electronic bk.)

Saudi government revenues and expenditures :a financial crisis in the making /
Aldukheil, Abdulaziz,

Saudi government revenues and expenditures :a financial crisis in the making /Abdulaziz Aldukheil. - 1 online resource.

Includes bibliographical references.

1. Anatomy of the Saudi Economy -- 2. Government Expenditures (1960-2010) -- 3. Government Revenues (1960-2010) -- 4. Forecasting Government Expenditures, Revenues and Gaps (2011-2030) -- 5. Forecasting Government Expenditures, Revenues and Gaps (2031-2050) -- 6. Financing the Gaps (2011-2030) and (2031-2050) -- 7. Are Government Expenditures Sustainable? -- 8. Is a Financial Crisis Inevitable?.

When Saudi Arabia was founded in 1932 it was one of the poorest countries in the world, relying on limited revenues from agriculture and pilgrimage. Today, Saudi Arabia's economy is heavily dependent on oil. Wealth derived from oil has transformed the Saudi society from a state of poverty to one of lavish consumption, by both government and individuals. A high rate of annual population growth, coupled with meagre natural resources, raises growing concern about the country's future. Are there alternative sources of income to replace oil as the major source of government income in the future? This perfect storm raises the possibility of a potential government financial crisis, if things remain as they are. The crisis will be beyond the government's control and will lead to economic, political and social instability. In this important work, Aldukheil explains what needs to be done, what needs to be reformed, and even gives policy recommendations to prevent a crisis in Saudi Arabia.

ISBN: 1137342927 (electronic bk.)

Source: 681324Palgrave Macmillanhttp://www.palgraveconnect.comSubjects--Topical Terms:

686787
Finance, Public
--Saudi Arabia.Subjects--Geographical Terms:

451352
Saudi Arabia
--Social life and customs.Index Terms--Genre/Form:

214472
Electronic books.

LC Class. No.: HJ2152.7 / .A43 2013

Dewey Class. No.: 336.538

Saudi government revenues and expenditures :a financial crisis in the making /
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505 0 $a 1. Anatomy of the Saudi Economy -- 2. Government Expenditures (1960-2010) -- 3. Government Revenues (1960-2010) -- 4. Forecasting Government Expenditures, Revenues and Gaps (2011-2030) -- 5. Forecasting Government Expenditures, Revenues and Gaps (2031-2050) -- 6. Financing the Gaps (2011-2030) and (2031-2050) -- 7. Are Government Expenditures Sustainable? -- 8. Is a Financial Crisis Inevitable?.
520 $a When Saudi Arabia was founded in 1932 it was one of the poorest countries in the world, relying on limited revenues from agriculture and pilgrimage. Today, Saudi Arabia's economy is heavily dependent on oil. Wealth derived from oil has transformed the Saudi society from a state of poverty to one of lavish consumption, by both government and individuals. A high rate of annual population growth, coupled with meagre natural resources, raises growing concern about the country's future. Are there alternative sources of income to replace oil as the major source of government income in the future? This perfect storm raises the possibility of a potential government financial crisis, if things remain as they are. The crisis will be beyond the government's control and will lead to economic, political and social instability. In this important work, Aldukheil explains what needs to be done, what needs to be reformed, and even gives policy recommendations to prevent a crisis in Saudi Arabia.
588 $a Description based on print version record.
650 0 $a Finance, Public $z Saudi Arabia. $3 686787
650 0 $a Financial crises $z Saudi Arabia. $3 686788
650 0 $a Revenue $z Saudi Arabia. $3 686789
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856 4 0 $3 Palgrave Connect $u https://link.springer.com/book/10.1057/9781137342928