Saudi Government Revenues and Expenditures [electronic resource] : A Financial Crisis in the Making /
Aldukheil, A.author.
Will history repeat itself, leaving Saudi Arabia to face another financial crisis due to drastic overspending and/or a dramatic drop in oil revenue? If the situation remains on its current trajectory, by 2030 government debt due to rising expenditures over revenues will be too overwhelming for the government to cope with.
Description based upon print version of record.
Cover; Half-Title; Title; Copyright; Dedication; Contents; List of Figures and Tables; Acknowledgments; Introduction; 1 Anatomy of the Saudi Economy; 2 Government Expenditures and Revenues, 1960-2010; 3 Forecasting Government Expenditures, Revenues, and Gaps, 2011-2030; 4 Forecasting Government Expenditures, Revenues, and Gaps, 2031-2050; 5 Financing the Gaps; 6 Are Saudi Government Expenditures Sustainable? (The Genuine Savings Criterion); 7 Is a Saudi Financial Crisis Inevitable?; Summary and Conclusion; Notes; Bibliography; Index
Includes bibliographical references (pages 215-219) and index.
Will history repeat itself, leaving Saudi Arabia to face another financial crisis due to drastic overspending and/or a dramatic drop in oil revenue? If the situation remains on its current trajectory, by 2030 government debt due to rising expenditures over revenues will be too overwhelming for the government to cope with.
Economic policy.
Development economics.
Public finance.
Econometrics.
Economic theory.
Economic Policy.
Development Economics.
Public Economics.
Econometrics.
Economic Theory/Quantitative Economics/Mathematical Methods.