Published 2014-12-01
“…The oil export revenues contribute to the settlement of economic and institutional structures that make Saudi Arabia a prototypical
rentier-state. The predominance of oil revenues, combined with socio-political parameters specific to the countries, has led the Petro-monarchy to implement a particular set of economic policies, which are analyzed here as the mode of regulation of the oil-rent-caused growth regime, rather than as gradual attempts to restrict the country’s dependence on oil. …”
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