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Author:Field, M.
Title:The good times have gone
Journal:Euromoney
2000 : OCT, 378, p. 123-127
Index terms:ARAB STATES
GOVERNMENT
ECONOMIC CONDITIONS
Language:eng
Abstract:Not only western governments are worried by the oil price. Oil wealth has left Arabian Gulf countries ill-equipped to develop dynamic economies that can cope with the needs of growing populations. Abu Dhabi is aware of the dangers of this inertia but Saudi Arabia's Crown Prince Abdullah is the man doing most to change attitudes and structures. Since he took control of the day-to-day running of the country in 1997 the government has been working on reforms to stimulate productive sectors.
SCIMA record nr: 222423
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