Work

Energy Governance in Saudi Arabia: An Assessment of the Kingdom’s Resources, Policies, and Climate Approach

Year: 2020

Type: article

Abstract: Saudi Arabia’s massive hydrocarbon endowment and ownership of Islamic holy sites have spawned a political economy unique in the world. The monarchical state that oversees these sites and resources has developed sophisticated structures of energy governance, including an ability to combine long-term planning with short-term market maneuvering. This paper explores established policy levers and practices, while assessing Saudi Arabia’s emerging strategy for future participation in the oil business. Over the long term, the monarchy’s survival hinges on its ability to find new niches in a business that has sustained it for nearly a century.

Source: Rice Research Repository (Rice University)

DOI: 10.25613/hsd0-hg33

Author: Krane, Jim

Language: English

Topic: Natural Resources and Economic Development

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Peace, justice, and strong institutions, Affordable and clean energy, Climate action

Open Access status: green

Funder: Rice University

OpenAlex ID: W2913756808