economics of oil pumpkin seed agecon search in Saudi Arabia

ECONOMICS OF OIL PUMPKIN SEED PRODUCTION

  • economics of oil pumpkin seed agecon search in Saudi Arabia
  • economics of oil pumpkin seed agecon search in Saudi Arabia
  • economics of oil pumpkin seed agecon search in Saudi Arabia
  • economics of oil pumpkin seed agecon search in Saudi Arabia

Economic diversification in Saudi Arabia: Comparing the impact of oil

Economic Diversification Trends in the Gulf: the Case of Saudi Arabia

Contribution of oil in economic growth of Saudi Arabia

Long Term Economic Growth in Oil-Rich Saudi Arabia: What

  • Is oil the main engine of economic growth in Saudi Arabia?
  • After more than 40 years of various efforts to diversify the KSA economy, he found that the oil sector is the main engine of economic growth. 1 The Saudi Central Bank (SAMA) data shows that the average ratio of the oil-GDP to GDP is equal to 42.4% during 1970–2020. Fig. 1 shows an apparent fluctuations trend of this ratio over time. Fig. 1.
  • Do government expenditures promote economic diversification in Saudi Arabia?
  • Government expenditures encourage economic diversification. The impact of oil prices and government expenditures prevails to the long run. Our paper examines and compares the influence of oil prices, international geopolitical risks, and government expenditures on Saudi Arabia's economic diversification during 1970–2020.
  • Is a knowledge-based economy possible in Saudi Arabia?
  • To achieve this, several pillars were identified as the basis for transforming the Saudi economy in order to reduce the risks associated with reliance on oil revenues. One of these pillars is the establishment of a knowledge-based economy. The assessment undertaken in this article suggests that the path will not be smooth.
  • Can Saudi Arabia transition from oil based economy to knowledge-based economy?
  • If creating a knowledge-based economy is the cognitive bridge to creating a diversified economy, then educational reform and investment in R&D provide the infrastructure for building that knowledge-based economy, which would enable Saudi Arabia to transition away from an oil-based economy.

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