Culture, Royalty and Saudi Business Development: A Historical Perspective
J. W. Wright
Chapter 1 in Business and Economic Development in Saudi Arabia, 1996, pp 9-32 from Palgrave Macmillan
Abstract:
Abstract There are only a few states in the world where the ruling families have so much influence on the nation’s business economy as they do in Saudi Arabia.1 Indeed there may be none. In this chapter we will look at the attitudes and cultural perspectives of the five Saudi Kings towards business development activities as they can be seen in the Kingdom’s economic development plans. My goal is to combine the information found in academic historical texts about these monarchs and the data provided in their development policies to illustrate their roles in building an emerging and effective private business sector.
Keywords: Saudi Arabia; Middle East; Suez Canal; Saudi Aramco; Saudi Government (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-25096-7_2
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DOI: 10.1007/978-1-349-25096-7_2
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