Deducing Budgetary Priorities in Saudi Arabia: The Impact of Defense Expenditures on Allocations to Socio-Economic Programs
Looney, Robert E.
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The 1990 Saudi budget, set at just over that for 1989, and the 1990-95 five year plan, with spending targets on the current price equivalent of five times the 1990 budgetary figure, indicate fairly clearly that Saudi Arabia's days of priming the non-oil economy are essentially over, but that its commitment to price stability remains [Economist Intelligence Unit, 1990, p.4].
Refereed Journal Article