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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Title
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
LanguageTerm (authority = ISO 639-3:2007); (type = text)
English
Abstract
This 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.
Subject (authority = local)
Topic
Saudi Arabia
Subject (authority = RUETD)
Topic
Global Affairs
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TitleInfo
Title
Rutgers University Electronic Theses and Dissertations
Identifier (type = RULIB)
ETD
Identifier
ETD_11214
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Form (authority = gmd)
InternetMediaType
application/pdf
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text/xml
Extent
1 online resource (vii, 158 pages)
Note (type = degree)
Ph.D.
Note (type = bibliography)
Includes bibliographical references
Genre (authority = ExL-Esploro)
ETD doctoral
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TitleInfo
Title
Graduate School - Newark Electronic Theses and Dissertations
Identifier (type = local)
rucore10002600001
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PhysicalLocation (authority = marcorg); (displayLabel = Rutgers, The State University of New Jersey)
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