The book has over 250
tables and diagrams and an up-to-date bibliography on Saudi Arabia
drawn from both official and private sources. The Tables are
current, and are summarized in a manner to make them easily understood
by students and researchers. Topics of interest concerning Saudi Arabian policies such Foreign Direct Investment,
Globalization, Women's economic participation are summarized concisely
for easy class discussion. One such example is the issue of “Saudization”
orthe replacement of foreign workers with Saudi labor.
The table below summarizes such a topic for students to asses the
main issues faced by the private sector and the justifications given
by this sector in not fully implementing government directed
Private sector Saudization issues
Private Sector Justifications
The relatively high cost of Saudi manpower, compared to
foreign manpower, results in private sector reliance on
imported cheap manual labor, deployed in labor-intensive
occupations. This helps private sector profitability
despite government attempts to increase expatriate costs
(Residency or Iqama, Visa renewals, etc.).
2.Social and cultural
Saudis are reluctant to take up and seriously pursue
certain types of jobs, despite Saudization
directives. For example, the forced Saudization
of employees in the vegetable markets has failed.
Social Status is still important for young Saudis as
it affects marriage and other social relations.
3.Control over process of
Expatriate workers are easier to control and more
disciplined than Saudis. Control is exercised through
short-term employment contracts. In some cases, there
are few legal obligations towards expatriates, who are
prohibited from changing jobs without their sponsor’s
4.Lack of social integration
in multi-cultural work environment
Local populations are reluctant to integrate into
multi-cultural work environments, fearing that it might
degrade their existing status.
It is more difficult to fire Saudi workers than foreign
Saudi employees may have inadequate qualifications, a
lack of good English or a non-technical background.
Saudi workers are less mobile than foreigner workers;
they are reluctant to change job locations.
tables help to clarify to the
readers the necessary steps to take to overcome perceived problems
and obstacles. Students are also provided with beginning of Chapter
learning objectives and outcomes, and end of Chapter summaries as
well as further questions for class discussions or research.
Saudi Arabia, Economy, Kingdom of Saudi
Arabia, Economic Developments, Islam,
Makkah, Madina, Organization of Islamic
Conference (OIC), oil reserves, OPEC,
domestic terrorism, alternative energy,
strategic relationships, FT Global 500,
globalization, economic reforms, King
Abdullah, Saudi Economy, Dr. Ramady, Mohamed
A Ramady, FCIB, oil policy, Middle-East, The
Saudi Arabian Economy: Policies,
Achievements and Challenges, economic
planning, Saudi budgetary framework, oil
income, Saudi Arabian Monetary Agency’s
(SAMA), Islamic financial services, capital
markets, Saudi women, Saudization, youth
unemployment, Gulf Cooperation Council, GCC,