Government Activity and Policy and Economic Development in Saudi Arabia

Abstract

During the past five decades, the role of government in most developed and developing countries has increased dramatically. Governments increased their provisions of social services and welfare. Furthermore, governments have become important producers of goods and services. In addition, by using a variety of fiscal and monetary instruments governments have attempted to manipulate and influence the economy. They have also sought to guide the development of the economy in the long run through the creation of economic infrastructure and institutions.

Citation

Albatel, A.H. (2003), "Government Activity and Policy and Economic Development in Saudi Arabia", Journal of Economic and Administrative Sciences, Vol. 19 No. 2, pp. 1-2. https://doi.org/10.1108/10264116200300007