Outlines the role of the Saudi Arabian Basic Industries Corporation (SABIC) in Saudi economy policy: chiefly industralisation through joint ventures with foreign multinationals. Reports a 1993 survey of 312 SABIC employees divided into Saudi nationals, expatriates from developed countries and...

In the literature on development finance, there is a growing interest in the subject of equity participation as a means of promoting development. The limitations of debt finance are increasingly evident at both the micro and macro level, especially given the growth of bad debt as far as business...