Analysis of Saudi Arabia's fiscal dilemmas that volatile and declining oil revenues are likely to pose over the remaining part of the 1980s, and up to 1992. In particular, an assessment is made of the magnitude of the tradeoff between increased government expenditure (and thus growth) and the...

This analysis attempts to determine whether Saudi defense expenditure have, in the net, hindered or added to the growth of the Saudi private sector, and, in particular, whether a shift from defense to non-defense expenditures could be used to maintain private-sector demand during a period of...