Waleed Rafi
College of Business Administration, Imam Abdulrahman Bin Faisal University, Kingdom of Saudi Arabia
[ 1 ] - Oil Overdependence and Dutch Disease, KSA Evidence
In the context of recent oil prices fall and resulting budgetary problems faced by KSA, it is very interesting to examine the country’s overdependence on oil revenues. In this paper, we examine whether extreme oil dependence for Saudi Arabia is the symptom of Dutch Disease. We first provide a brief review of the literature on Dutch Disease and the natural resource curse. We then discuss the sym...
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