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Vast social change has occurred in the Middle East since the oil boom of the mid-1970s. As the first anthropological study of an urban community in Saudi Arabia since that oil boom, Arabian Oasis City is also the first to document those changes. Based on extensive interviews and participant observation with both men and women, the authors record and analyze the transformation that has occurred in this ancient oasis city throughout the twentieth century: the creation of the present Saudi Arabian state and of a new national economy based on the export of oil and the economic boom brought about by the dramatic increases in the price of oil following the October 1973 Arab-Israeli War. In addition, the authors reveal the changes brought about by the fall in the price of oil beginning in 1982 and analyze the problems confronting ‘Unayzah in its aftermath. By demonstrating that the area was not exclusively dominated by tribalism and Bedouin nomads, this empirical case study destroys stereotypical views about Saudi Arabia. Indeed, it proves the existence—prior to the coming of the modern Saudi Arabian state— of surplus agricultural and craft production and the full development of local, regional, and long-distance trade networks. It shows that women, although veiled, played active roles in work outside the household. The social impact of change over the years is, however, profound—especially the gradual replacement of the extended family by the nuclear family, changing patterns of husband-wife relationships, the impact of self-earned income on the status of women, and the emergence of a new middle class of employees and entrepreneurs. Because of the high degree of gender segregation in this area of research, Altorki and Cole give us a fortunate collaboration between a Saudi Arabian female scholar and an American male scholar experienced in research in the Middle East.

°Unayzah (Saudi Arabia)--Economic conditions--Case studies. --- ʻUnayzah (Saudi Arabia) --- Social conditions --- Case studies. --- Economic conditions --- Unayzah (Saudi Arabia)

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328 <5-011> --- #SBIB:35H6060 --- #SBIB:328H512 --- 328 <5-011> Parlement. Volksvertegenwoordiging. Regering en parlement--Nabije-Oosten. Midden-Oosten --- Parlement. Volksvertegenwoordiging. Regering en parlement--Nabije-Oosten. Midden-Oosten --- Bestuur en beleid: nationale en regionale studies: Azië --- Instellingen en beleid: Midden-Oosten / landen in het Midden-Oosten --- Saudi Arabia --- Economic conditions. --- Politics and government. --- Economic conditions --- Politics and government --- Saudi Arabia - Economic conditions --- Saudi Arabia - Politics and government

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The Saudi Arabian economy has changed almost beyond recognition since the oil boom days of the 1980s, and the Kingdom itself has changed too economically, socially, and demographically. In the second edition of The Saudi Arabian Economy, Mohamed Ramady uses several overlapping themes to establish and develop a framework for studying the fundamental challenges to the Saudi economy. Particular attention is paid to the benefits of short-term planning and long-term diversification intended to shield the economy from potentially de-stabilizing oil price fluctuations and the pace and diversity of domestic reforms. The author examines the core strengths and evolution of various financial institutions and the Saudi stock market in the face of globalization, before analyzing the private sector in detail. Topics discussed include: • The hydrocarbon and minerals sector, including the emergence of the competitive petrochemical sector • The impact of small and medium sized businesses and the evolving role of “family” businesses • The growing role of women in the Saudi economy • The role of privatization and FDI as engines of change and the position of public-private-partnerships • The establishment of a foundation for a knowledge-based economy Finally, the author offers an analysis of the key challenges facing the Saudi economy, paying particular attention to the potential costs and benefits of globalization, and membership in the WTO. Employment, education, economic and social stability, and Saudi Arabia’s place in the Gulf Cooperation Council, as well as Saudi Arabia’s evolving strategic economic relations with China and other countries are offered as keys to the consensus building needed to ensure the Kingdom’s healthy economic future. Mohamed Ramady is Visiting Associate Professor at the Department of Finance and Economics, King Fahd University of Petroleum and Minerals. His main research interests are the economies of the Middle East and Saudi Arabia in particular, as well as money and banking. He also held senior positions with international financial institutions in the Arabian Gulf and Europe.

Saudi Arabia -- Economic conditions. --- Saudi Arabia -- Economic policy. --- Business & Economics --- Economic Theory --- Economic History --- Economics --- Saudi Arabia --- Economic conditions. --- Economic policy. --- Economic theory --- Political economy --- Macroeconomics. --- International economics. --- Development economics. --- Regional economics. --- Spatial economics. --- Economics. --- Macroeconomics/Monetary Economics//Financial Economics. --- Development Economics. --- Regional/Spatial Science. --- International Economics. --- Social sciences --- Economic man --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Economic policy --- International relations --- Economic sanctions --- Regional planning --- Regionalism --- Space in economics --- Economic development --- Spatial economics --- Regional economics