The Macro Economy: Performance, Structure and Problems
John R. Presley
Additional contact information
John R. Presley: Loughborough University
Chapter 2 in A Guide to the Saudi Arabian Economy, 1984, pp 9-48 from Palgrave Macmillan
Abstract The kingdom of Saudi Arabia now stands at a crossroads of economic development. 1400 witnessed the completion of the second five-year period of development planning and the implementation of the Third Development Plan (1400–5). In marked contrast to most other developing nations, and as a result of the oil price rises from 1393 onwards, there has been no shortage of finance to promote economic activity; but finance alone cannot guarantee progress and problems have been encountered in converting financial into productive, physical resources, particularly problems associated with inflation and manpower shortages.
Keywords: Saudi Arabia; Government Expenditure; Money Supply; Government Spending; Capital Formation (search for similar items in EconPapers)
References: Add references at CitEc
Citations: Track citations by RSS feed
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-05741-2_2
Ordering information: This item can be ordered from
Access Statistics for this chapter
More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().