Saudi Arabian Private Sector and Small Enterprises Analytical Essay by write123

Saudi Arabian Private Sector and Small Enterprises
An examination of the role of the private sector in the financing of small enterprises in the kingdom of Saudi Arabia.
# 105750 | 2,565 words | 6 sources | APA | 2008 | US
Published on Jul 17, 2008 in Economics (Econometrics) , Economics (International) , Economics (Macro) , Economics (National)


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Description:

This paper analyzes the correlation between the Saudi Arabian private sector and small enterprises and their financing. The paper also provides an overview of the Saudi Arabian economy in general. The paper then presents several traits of the current state of the country's private sector. The paper also discusses the situation regarding small enterprises in Saudi Arabia, issues regarding their financing, and obstacles that must be surpassed so that these companies benefit from appropriate funding. The paper then looks at methods through which this objective could be achieved.

Outline:
Abstract
Introduction
Economic Overview of Saudi Arabia
Saudi Arabian Private Sector of the Economy
Small and Medium Enterprises in the Kingdom of Saudi Arabia
Relevance of the Project
Conclusions

From the Paper:

"The most important sectors of Saudi Arabian economy are the oil sector and the services sector. These sectors are depending a great deal on the 5.5 million foreign workers engaged in these two sectors. Since Saudi Arabia is depending too much on the oil industry, the government has started to implement a series of policies and reforms that are meant to encourage the development of the private sector. Foreign investments are also encouraged by the Saudi Arabian government. The country's economic diversification process includes sectors like: power generation, telecom, natural gas, and petrochemical industries (CIA, 2007)."

Sample of Sources Used:

  • Saudi Arabia. The World Factbook (2007). Central Intelligence Agency. Retrieved September 8, 2007 from https://www.cia.gov/library/publications/the-world-factbook/geos/sa.html#Econ.
  • Restructuring and Economic Reform in the Kingdom of Saudi Arabia (2003). Royal Embassy of Saudi Arabia. Retrieved September 8, 2007 from http://www.saudiembassy.net/Country/Economy/Eco.asp.
  • Political and Economic Reform in the Kingdom of Saudi Arabia (2005). Royal Embassy of Saudi Arabia. Retrieved September 8, 2005 from http://www.saudiembassy.net/ReportLink/Reform-Report-September-2005.pdf.
  • Small and Medium Enterprises. Basic Driving Force of Economic Development (2006). Saudi Industrial Development Fund. Retrieved September 9, 2007 from http://www.sidf.gov.sa/English/SIDF-estab/SMEs.doc_cvt.htm.
  • Saudi Arabia. Economy (2007). U.S. Department of State. Bureau of Near Eastern Affairs. Retrieved September 9, 2007 from http://www.state.gov/r/pa/ei/bgn/3584.htm#econ.

Cite this Analytical Essay:

APA Format

Saudi Arabian Private Sector and Small Enterprises (2008, July 17) Retrieved June 03, 2020, from https://www.academon.com/analytical-essay/saudi-arabian-private-sector-and-small-enterprises-105750/

MLA Format

"Saudi Arabian Private Sector and Small Enterprises" 17 July 2008. Web. 03 June. 2020. <https://www.academon.com/analytical-essay/saudi-arabian-private-sector-and-small-enterprises-105750/>

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