From oil kingdom to contemporary developmental state

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From oil kingdom to contemporary developmental state

Type: Master thesis
Title: From oil kingdom to contemporary developmental state
Author: Vries, Koen de
Issue Date: 2019-02-28
Keywords: Saudi Arabia
Rentier State
Developmental State
Abstract: Falling oil prices are leading the Saudis to drastic action. While oil funds still provide the state with a sizable income, it is clear that the new Crown Prince imagines a remained importance of the state in structuring post-oil development. This thesis explores the potential for a contemporary developmental state to be built up in the oil kingdom. This signifies a departure from the rentier structures that have had the upper hand in the Kingdom, and requires a new kind of state autonomy. The ability for the Saudi Monarchy to adopt this new role is key in the post-oil development of the country. This thesis shows that the transition from rentierism to state-led capitalist development is possible and can be a viable strategy for Saudi Arabia.
Supervisor: Duzgun, Eren
Faculty: Faculty of Humanities
Department: International Relations (Master)
Specialisation: Global Political Economy
ECTS Credits: 15

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