Summary of " Political Economy of Saudi Arabia"

The book is called " Political Economy of Saudi Arabia" and page 15, talks about The Structure of  Rulership and how it is sat to rule the whole kingdom. It also, talks about how certain promises should be made and followed. The latest was by king Faisal and that wasn't the first that has been made but made many. Moreover, there was some missing rules that made no clear records for the jurisdiction area.

Additional sources:

Oil market, is considered as a big source that helps saudi arabia in the economy. According to " The Saudi Arabian Economy" Saudi Arabia plays a major rule in the oil market where it sales a large amount of oil everyday.  More than 95% of oil is produced by a company called Armco. Saudi Arabia is a tax-free country and it doesn't collect tax.

According to the book : " The Saudi Arabian Economy and The World" Saudi Arabia is the largest oil source that has more oil than any country's average. Moreover, it supplies oil to more than 18 countries daily.

Its score is 1.9 points worse than last year due to substantial declines in business freedom, property rights, trade freedom, and freedom from corruption.

In conclusion, Saudi Arabia's economy is wealthy based on the large amounts of oil they sale. The rulership of economy is ruled by promises under the royal family and sat to regularized the form of the government. 

Sources,

1) " Political Economy of Saudi Arabia".

2)  " The Saudi Arabian Economy and The World"