Management and Economics Review (Nov 2024)

Investment Management as a Mechanism for Economic Diversification in the Kingdom of Saudi Arabia: between Opportunities and Challenges – Analytical and Foresight Study 2030 Vision

  • Meriem TOUATI,
  • Mohamed Ali SAAD

DOI
https://doi.org/10.24818/mer/2024.03-05
Journal volume & issue
Vol. 9, no. 3
pp. 470 – 482

Abstract

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Investment plays an increasing role in promoting economic diversification, and this only succeeds if it is managed effectively. Economic diversification is a crucial feature of supportable progress, as divergence improves economic steadiness and support to surge GDP and encourages organisational and long standing change not only in the budget but also in extra columns of expansion such as communal establishments and proportions. Nevertheless, there is no accord on the consequences in the literature review for the reason that of several influences, for example the employment of dissimilar variable quantity, methods, KSA countries, and time periods. Thus, this work provides detailed insight into the current and future trends and shifts of the Saudi economy. The paper conducts a measurement and analysis of the Saudi economic diversification in light of Vision 2030, the findings of which are used to develop and propose a study framework for developing a dynamic economy.

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