Transforming the rentier state: prospects for Saudi Arabia: a small case study of rentier state economic diversification and its effects with application to Saudi Arabia’s vision 2030
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Aljumie, Mohammed.
Transforming the rentier state: prospects for Saudi Arabia: a small case study of rentier state economic diversification and its effects with application to Saudi Arabia’s vision 2030. Retrieved from
https://doi.org/doi:10.7282/t3-32vw-fs46
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TitleTransforming the rentier state: prospects for Saudi Arabia: a small case study of rentier state economic diversification and its effects with application to Saudi Arabia’s vision 2030
Date Created2020
Other Date2020-10 (degree)
Extent1 online resource (vii, 158 pages)
DescriptionThis research project sought to determine, to the extent feasible prior to full implementation of the elements of Saudi Vision 2030, the degree to which a strategy for economic diversification including major legal, regulatory and governmental activities and cultural shifts is likely to achieve its fundamental goals of economic diversification and an end to reliance on rentier state resources. Saudi Vision 2030 depicts a comprehensive approach to achieving economic diversification while diminishing the Kingdom’s reliance on oil and gas sector revenues. The researcher compared the possible impact of diversification via Saudi Vision 2030 to case studies of similar diversification in Bahrain, Kuwait, Oman, Qatar, and the UAE. The comparison identified the specific development initiatives undertaken by the five target states and their known economic impacts, and then further considered whether similar elements or proposals of Saudi Vision 2030 might achieve similar ends. Such a study has the potential to offer insight into the ultimate viability of Saudi Vision 2030, particularly in light of the type of socio-cultural and economic changes that it will introduce in a country noted for its conservative, traditional attachment to long-standing norms, values, and morals. Further, given the importance of public understanding and acceptance of new governmental policies in any country, the study highlighted the degree to which Saudi Vision 2030’s emphasis on acquiring more foreign direct investment and, consequently, more foreign nationals living and working in the Kingdom, will resonate with its public, as well as any synergies between this plan for economic diversification and efforts undertaken elsewhere in the region. The study used the Small N case study methodology in developing comparisons of the economic diversification efforts of the target countries with the plans articulated in Saudi Vision 2030, taking into consideration the impact of recent world and regional events and assessing their likely impact upon full implementation of Saudi Vision 2030.
NotePh.D.
NoteIncludes bibliographical references
Genretheses, ETD doctoral
LanguageEnglish
CollectionGraduate School - Newark Electronic Theses and Dissertations
Organization NameRutgers, The State University of New Jersey
RightsThe author owns the copyright to this work.