The Difficulties Facing the Saudi Economy Integration in the Global Capital Accumulation Formation

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DAVAND MOHAMMAD; MOSAVI SHAFAEE SEYED MASOOD

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Paper Information

Journal: STRATEGIC STUDIES OF PUBLIC POLICY (STRATEGIC STUDIES OF GLOBALIZATION JOURNAL) Year:2019 | Volume:9 | Issue:31 Page(s): 173-193

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Title

The Difficulties Facing the Saudi Economy Integration in the Global Capital Accumulation Formation

Author(s)

DAVAND MOHAMMAD | MOSAVI SHAFAEE SEYED MASOOD | Issue Writer Certificate

Keywords

Saudi Arabia EconomyQ1

Oil-dependent AccumulationQ1

Political strategiesQ1

Global Capital AccumulationQ1

Abstract

The primary concern of the article lies in this question: Why cannot the capital accumulation in Saudi Arabia (despite the advantages of globalization, young workforce, understanding about inefficiency of oil-based economy and planning to economic reform) transfer from an Oil-dependent Accumulation formation to a post-industrial accumulation? In order to answer this question, the author suggests that changes in the process of capital accumulation in Saudi Arabia depend on changes the government's approach to society, the private sector (restrictions on civil society) and its costly foreign policy. As long as the government's approach will continue, accumulation in Saudi Arabia will depend on oil and will not have the elements of Global Capital Accumulation such as: science and technology, specialty of internal experts, and benefits of service sector.

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APA: Copy

DAVAND, MOHAMMAD, & MOSAVI SHAFAEE, SEYED MASOOD. (2019). The Difficulties Facing the Saudi Economy Integration in the Global Capital Accumulation Formation. STRATEGIC STUDIES OF PUBLIC POLICY (STRATEGIC STUDIES OF GLOBALIZATION JOURNAL), 9(31 ), 173-193. SID. https://sid.ir/paper/229860/en

Vancouver: Copy

DAVAND MOHAMMAD, MOSAVI SHAFAEE SEYED MASOOD. The Difficulties Facing the Saudi Economy Integration in the Global Capital Accumulation Formation. STRATEGIC STUDIES OF PUBLIC POLICY (STRATEGIC STUDIES OF GLOBALIZATION JOURNAL)[Internet]. 2019;9(31 ):173-193. Available from: https://sid.ir/paper/229860/en

IEEE: Copy

MOHAMMAD DAVAND, and SEYED MASOOD MOSAVI SHAFAEE, “The Difficulties Facing the Saudi Economy Integration in the Global Capital Accumulation Formation,” STRATEGIC STUDIES OF PUBLIC POLICY (STRATEGIC STUDIES OF GLOBALIZATION JOURNAL), vol. 9, no. 31 , pp. 173–193, 2019, [Online]. Available: https://sid.ir/paper/229860/en

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