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Case
| HBS Case Collection
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2008
(Revised from original 2002 version)
Saudi Arabia: Getting the House in Order
by
Richard H.K. Vietor and Rebecca Evans
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Abstract
Provides a vehicle to explore Islamic development and political issues within BGIE (business, government, and international economy). Set in early 2002, the case focuses on Crown Prince Abdullah's efforts to liberalize a failing rentier state, that had been dependent on petroleum for too long. His efforts to liberalize, however, come at a politically and socially sensitive time--just after September 11, 2001, and in the midst of the Palestinian intifada. In a desperate effort to maintain oil prices, OPEC has recently reduced output by 1.5 million barrels daily, with Saudi Arabia bearing the largest cut.
Keywords: Disruption;
Development Economics;
Non-Renewable Energy;
Governing Rules, Regulations, and Reforms;
International Relations;
Leading Change;
Saudi Arabia;
Middle East;