Making sense of Saudi Arabia is crucially important today. The kingdom's western province contains the heart of Islam, and it is the United States' closest Arab ally and the largest producer of oil in the world. However, the country is undergoing rapid change: its aged leadership is ceding power...

The Setting -- Overview -- The Development Process -- Reforms and Economic Planning -- Public Finance -- The Financial Sector -- Saudi Arabian Monetary Agency (SAMA) and Monetary Policy -- The Financial Markets -- The Saudi Capital Market -- The Domestic Sector -- The Private Sector:...