Article Per Year (5 Year)
p-Index From 2019 - 2024
0.23
P-Index
This Author published in this journals
All Journal Jurnal Public Policy
Syahfira Angela Nurhaliza
Universitas 17 Agustus 1945 Jakarta
Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Saudi Vision 2030: Economic Reforms and Sustainable Development in the Kingdom Khoirunnisa Khoirunnisa; Syahfira Angela Nurhaliza
Jurnal Public Policy Vol 10, No 1 (2024): January
Publisher : Universitas Teuku Umar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35308/jpp.v10i1.9025

Abstract

This paper endeavours to scrutinize the ramifications of the economic policy reforms introduced in Saudi Arabia under the rubric of Saudi Vision 2030. Prince Mohammed bin Salman spearheaded this ambitious initiative as a strategic response to the nation's manifold economic challenges stemming from internal and external contingencies. Saudi Vision 2030 is primarily geared towards diminishing Saudi Arabia's reliance on the oil sector, fostering sustainable economic growth, augmenting societal welfare, and enticing foreign investment. Methodologically, the study adopts a Neoliberalism theoretical framework to dissect the implementation of Saudi Vision 2030, emphasizing pivotal concepts such as market liberalization, deregulation, and privatization. Analysis of the socioeconomic impact of the Saudi Vision 2030 program on the Saudi Arabian economy throughout the year 2020 underscores a trajectory marked by positive outcomes. Through a gamut of meticulously crafted programs and initiatives, Vision 2030 has catalyzed substantial transformations, mitigating dependence on the oil sector and broadening the country's economic landscape. Within the inaugural quinquennium, Saudi Arabia has attained commendable milestones, exemplified by heightened public investment, steadfast GDP expansion, diminished unemployment rates, and consolidation of its status as a preeminent global industrial entity.
Co-Authors Khoirunnisa Khoirunnisa