Saudi Arabia: Selected Issues

July 24, 2013

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Format: Chicago

Saudi Arabia: Selected Issues, (USA: International Monetary Fund, 2013) accessed September 26, 2024

Summary

This Selected Issues paper on Saudi Arabia assesses Saudi Arabia’s role in the oil market and global economy. Saudi Arabia, the world’s largest producer and exporter of oil, has long played a systemically important role in the global oil market. Short-term fluctuations in Saudi Arabia’s oil production have partially reflected attempts to stabilize the global oil market. Saudi Arabia has on several occasions used its systemic role to raise production to fill global demand gaps created by large supply disturbances. The authorities have made significant investments in higher education to enable productive private-sector employment for new Saudi labor force entrants.

Subject: Commodities, Employment, Expenditure, Labor, Oil, Oil prices, Prices, Production, Total factor productivity

Keywords: Asia and Pacific, CR, Employment, Expatriate worker, Global, Growth accounting methodology, ISCR, Medium term expenditure framework, Oil, Oil price, Oil prices, Quote, TFP, TFP estimate, TFP growth, Total factor productivity, Worker

Publication Details

Pages:

46
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/230
Stock No:

1SAUEA2013005
ISBN:

9781484362419
ISSN:

1934-7685

Notes

Also Available in Arabic

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