Le régime rentier d’accumulation en Arabie saoudite et son mode de régulation

The oil export revenues contribute to the settlement of economic and institutional structures that make Saudi Arabia a prototypical rentier-state. The predominance of oil revenues, combined with socio-political parameters specific to the countries, has led the Petro-monarchy to implement a particula...

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Main Author: Adrien Faudot
Format: Article
Language:English
Published: Association Recherche & Régulation 2014-12-01
Series:Revue de la Régulation
Subjects:
Online Access:https://journals.openedition.org/regulation/11033
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author Adrien Faudot
author_facet Adrien Faudot
author_sort Adrien Faudot
collection DOAJ
description The oil export revenues contribute to the settlement of economic and institutional structures that make Saudi Arabia a prototypical rentier-state. The predominance of oil revenues, combined with socio-political parameters specific to the countries, has led the Petro-monarchy to implement a particular set of economic policies, which are analyzed here as the mode of regulation of the oil-rent-caused growth regime, rather than as gradual attempts to restrict the country’s dependence on oil. The rationalization of the Saudi rentier regime relies heavily on migrant workers and on sovereign wealth funds. The Saudi economy seems nevertheless caught up in an unstable dynamics: the country’s demographics and the mass unemployment among Saudis undermine the regime by sucking a growing share of oil revenues.
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spelling doaj-art-67d84d696ede4b0899a0156b7cc1d3192025-01-30T14:25:52ZengAssociation Recherche & RégulationRevue de la Régulation1957-77962014-12-011610.4000/regulation.11033Le régime rentier d’accumulation en Arabie saoudite et son mode de régulationAdrien FaudotThe oil export revenues contribute to the settlement of economic and institutional structures that make Saudi Arabia a prototypical rentier-state. The predominance of oil revenues, combined with socio-political parameters specific to the countries, has led the Petro-monarchy to implement a particular set of economic policies, which are analyzed here as the mode of regulation of the oil-rent-caused growth regime, rather than as gradual attempts to restrict the country’s dependence on oil. The rationalization of the Saudi rentier regime relies heavily on migrant workers and on sovereign wealth funds. The Saudi economy seems nevertheless caught up in an unstable dynamics: the country’s demographics and the mass unemployment among Saudis undermine the regime by sucking a growing share of oil revenues.https://journals.openedition.org/regulation/11033growth regimemode of regulationSaudi Arabiaoil rent
spellingShingle Adrien Faudot
Le régime rentier d’accumulation en Arabie saoudite et son mode de régulation
Revue de la Régulation
growth regime
mode of regulation
Saudi Arabia
oil rent
title Le régime rentier d’accumulation en Arabie saoudite et son mode de régulation
title_full Le régime rentier d’accumulation en Arabie saoudite et son mode de régulation
title_fullStr Le régime rentier d’accumulation en Arabie saoudite et son mode de régulation
title_full_unstemmed Le régime rentier d’accumulation en Arabie saoudite et son mode de régulation
title_short Le régime rentier d’accumulation en Arabie saoudite et son mode de régulation
title_sort le regime rentier d accumulation en arabie saoudite et son mode de regulation
topic growth regime
mode of regulation
Saudi Arabia
oil rent
url https://journals.openedition.org/regulation/11033
work_keys_str_mv AT adrienfaudot leregimerentierdaccumulationenarabiesaouditeetsonmodederegulation