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Michigan Technological University

Dissertations, Master's Theses and Master's Reports

2015

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Dealing With Economic Sustainability Challenges Evolving From Declining Oil Production In Saudi Arabia, Mazen Aboudah Jan 2015

Dealing With Economic Sustainability Challenges Evolving From Declining Oil Production In Saudi Arabia, Mazen Aboudah

Dissertations, Master's Theses and Master's Reports

The objective of this research is to examine how Saudi Arabia can effectively deal with economic sustainability challenges arising from declining oil production. The methodology for the paper involved examining the background of Saudi Arabia’s oil industry in regard to present production patterns, the role of the country’s oil industry in the economy and the significance of governmental efforts in attempting to remove Saudi Arabia’s excessive dependence on the oil sector. In recognizing that Saudi Arabia’s current circumstances clearly require the government to implement measures that allow the economy to become less dependent on oil, it was felt necessary to …