Penisola Arabica. Guida pratica ai nuovi mercati del Golfo

Translated title of the contribution: [Autom. eng. transl.] Arabian Peninsula. Practical guide to the new Gulf markets

Research output: Book/ReportBook

Abstract

[Autom. eng. transl.] Over the past thirty years, Saudi Arabia and the United Arab Emirates (UAE) have experienced surprisingly rapid economic and social development. Technology and innovation are not, however, able to tarnish the characteristics of a society that remains deeply tied to its past. In both countries, in short, modernization took place respecting the traditional values of the region. Despite this, the prevailing image of Saudi Arabia and the UAE often prevents Italian economic operators from grasping the new potential of the region. Both countries, in fact, despite still having economies heavily dependent on oil, have long initiated a diversification process that is equipping them with an expanding and opportunity-rich industrial and non-oil sector. The economic strategies developed are certainly not easy to implement, nor can they disregard new political and social initiatives. However, over the next twenty years, the non-oil sector looks set to contribute increasingly to the Saudi and UAE GDPs. Today the watchwords in both countries are investment promotion and the spread of competitive industries. The infrastructural endowment, an undoubtedly solid productive apparatus and a wide availability of resources, represent - together with the substantial political stability of the two countries - an encouraging starting point. The significant weight of the public sector, the presence of a multi-part bureaucracy called "elephantine", the heavy burden of public debt and - above all in Saudi Arabia - the obvious shortcomings of the educational system are still a cause for concern.
Translated title of the contribution[Autom. eng. transl.] Arabian Peninsula. Practical guide to the new Gulf markets
Original languageItalian
PublisherFranco Angeli
Number of pages208
VolumeCollana "Conoscere il mondo",
ISBN (Print)9788846432742
Publication statusPublished - 2001

Keywords

  • Arabia Saudita
  • Economic policy of the UAE
  • Economic system of the UAE
  • Emirati Arabi Uniti (EAU)
  • Fiscal policy of the UAE
  • Institutional system of the UAE
  • Politica economica degli EAU
  • Politica economica saudita
  • Politica fiscale degli EAU
  • Politica fiscale saudita
  • Political system of the UAE
  • Saudi Arabia
  • Saudi economic policy
  • Saudi economic system
  • Saudi fiscal policy
  • Saudi institutional system
  • Saudi political system
  • Sistema economico degli EAU
  • Sistema economico saudita
  • Sistema istituzionale degli EAU
  • Sistema istituzionale saudita
  • Sistema politico degli EAU
  • Sistema politico saudita
  • United Arab Emirates (UAE)

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