Hidden Bibliographic Details
| Other authors / contributors: | Fleischhaker, Cornelius.
International Monetary Fund.
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| ISBN: | 1484360508
9781484360507
9781484362419
1484362411
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| Notes: | Title from PDF title page (IMF Web site, viewed July 29, 2013).
"Prepared by Cornelius Fleischhaker [and others]"--Page 2 of pdf.
"July 2013."
"June 24, 2013"--Page 2 of pdf.
Includes bibliographical references.
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| Summary: | This Selected Issues paper on Saudi Arabia assesses Saudi Arabia's role in the oil market and global economy. Saudi Arabia, the world's largest producer and exporter of oil, has long played a systemically important role in the global oil market. Short-term fluctuations in Saudi Arabia's oil production have partially reflected attempts to stabilize the global oil market. Saudi Arabia has on several occasions used its systemic role to raise production to fill global demand gaps created by large supply disturbances. The authorities have made significant investments in higher education to enable productive private-sector employment for new Saudi labor force entrants.
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