IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-08827-0_3.html
   My bibliography  Save this book chapter

The Non-Oil Sector: The Industrialisation Process

In: A Guide to the Saudi Arabian Economy

Author

Listed:
  • John R. Presley

    (University of Loughborough)

  • A. J. Westaway

    (University of Loughborough)

Abstract

In the last chapter the rationale of developing the oil sector was outlined. Here the uses to which oil revenues are put will be explored in relation to their impact upon the industrialisation process in Saudi Arabia. Given a decision to industrialise, it then becomes necessary to select those industries most suitable to the endowments of the country. Significantly the Kingdom has a cheap energy source, and it seems logical to exploit this in industries requiring high energy input. What the country lacks, in the short run, is an adequate supply of skilled labour; therefore there is a further pressure to concentrate upon capital intensive production. With only a relatively small domestic population, Saudi Arabia must develop a competitive edge in world markets; it is imperative to concentrate on those sectors in which it has a comparative advantage.

Suggested Citation

  • John R. Presley & A. J. Westaway, 1989. "The Non-Oil Sector: The Industrialisation Process," Palgrave Macmillan Books, in: A Guide to the Saudi Arabian Economy, edition 0, chapter 3, pages 64-105, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-08827-0_3
    DOI: 10.1007/978-1-349-08827-0_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-08827-0_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.