Keywords = 2030 Prospect
Number of Articles: 1
Economic Developments and Political Stability in Saudi Arabia

Economic Developments and Political Stability in Saudi Arabia

Volume 20, Issue 75, Spring 2017, Pages 33-56

Abdullah Ghanbarlou

Abstract  The paper intends to answer this question: given the current facts and realities in Saudi Arabia, which changes are probable in the field of economic development and political stability of the country? The author assumes that the in the short term the current economic situation will go on and the government’s dependency on oil will not be aborted. The Saudi government enjoys the oil revenues for the public well-being as well as gaining legitimacy and political stability. However, some of its officials are of the view that with should the status quo continue, both the national well-being and political stability will be at risk in the near future. Therefore, it is the time to transiting into a competitive and economy together with a variety.