Estimating GDP Growth in Saudi Arabia Under the Government’s Vision 2030: a Knowledge-based Economy Approach

2019 ◽  
Vol 11 (3) ◽  
pp. 1145-1170
Author(s):  
Amina Amirat ◽  
Makram Zaidi
Keyword(s):  
Saudi Arabia ◽  
Gdp Growth ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Vision 2030

The need for a fundamental shift in the Saudi education system: Implementing the Saudi Arabian economic vision 2030

2019 ◽  
Vol 106 (1) ◽  
pp. 22-40
Author(s):  
Alhasan Allmnakrah ◽  
Colin Evers
Keyword(s):  
Preservice Teachers ◽  
Saudi Arabia ◽  
Education System ◽  
Development Project ◽  
Education Development ◽  
Positive Role ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Vision 2030 ◽  
The Right

To put Saudi's Economic Vision 2030 (or Vision 2030) into practice, Saudi Arabia has to reform its education system. To this end, King Abdullah's Education Development Project (hereafter the Tatweer project (Note: Tatweer, as it is known in Arabic)) of 2007–2013 has mandated an educational reform package, which focuses on a broad range of improvements, including enhancing schools' teaching methods and strategies. Hence, this paper argues that to diversify its economy and income away from a strictly oil-producing export country, Saudi Arabia requires an educated citizenry, trained in several disciplines, and students who have the necessary skills for progressing toward a knowledge-based economy. To achieve this, in-service and preservice teachers need to be trained in innovative ways, including listening to their voices and assessing what Saudi teachers require in order to play a positive role in contributing to the achievement the goals outlined in the Vision 2030. This research paper, hence, aims to shed some light into the implantation of Saudi 2030 vision and its direct link to in-service and preservice teachers who must be equipped with the right necessary critical teaching tools. The paper sees teacher voices, teacher training, and the development of strategies such as critical thinking as being essential for future success toward a shift in the Saudi education system vis-à-vis Saudi 2030 vision.

scholarly journals The Kingdom of Saudi Arabia: Achieving the Aspirations of the National Transformation Program 2020 and Saudi Vision 2030 Through Education

2018 ◽  
Vol 2 (3) ◽  
pp. 36 ◽  
Author(s):  
Brendan Mitchell ◽  
Abdulrahman Alfuraih
Keyword(s):  
Saudi Arabia ◽  
Document Analysis ◽  
Kingdom Of Saudi Arabia ◽  
Education Development ◽  
National Education ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Vision 2030 ◽  
National Transformation ◽  
Economy And Education

The research described and reported on in this article focuses on an analysis of the Saudi Arabian National Transformation Program 2020 and Saudi Vision 2030. The investigation involved a document analysis of these documents in order to identify the associated curriculum orientations within these documents to determine what the Kingdom of Saudi Arabia is seeking to achieve and how it envisages achieving these aspirations through education development. The analysis revealed that the goals and aspirations of the Kingdom have increasingly become more clearly defined with attention to alignment between national education goals and economic development whilst ensuring that practices are consistent with Islamic beliefs. In brief, as evidenced in the documents, the analysis reveals that the imperative of the National Transformation Program 2020 and Saudi Vision 2030 is to establish a ‘Saudized’ knowledge-based economy; and education is seen to be a means by which this imperative is to be fostered.

scholarly journals Knowledge Management Practice in Private Sector: Building the Way for Saudi Arabia Strategic Growth and Transformation To Knowledge-Based Economy

2018 ◽  
Vol 7 (2.34) ◽  
pp. 69
Author(s):  
Abdulrahman Gharamah ◽  
Mohamad Fauzan Noordin ◽  
Najma Imtiaz Ali ◽  
Imtiaz Ali Brohi
Keyword(s):  
Saudi Arabia ◽  
Knowledge Management ◽  
Private Sector ◽  
Global Economy ◽  
Management Practice ◽  
Growth Strategy ◽  
Added Value ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Major Player

The Kingdome of Saudi Arabia (KSA) and its growth objective is to be a major player in the global economy and moving toward a knowledge-based economy. To achieve its objectives, the private sector in various fields in KSA needs to be in line with country’s ambitious goal; Knowledge Management (KM) handling and readiness for the foreseen customer demand need to be in line with goals. This study presents a critical review to evaluate existing KM practice in the private sector in Kingdom of Saudi Arabia (KSA) to see the readiness of this sector to play an integral role of knowledge-based economy and support nation’s growth strategy.  The paper will examine current states in term of how knowledge management is practiced in the country.  This paper addressed various aspects of knowledge management ranges from the need of implementing knowledge management systems to the added value by deploying such systems. In addition, the review was discuss if the private sector is heading in the right direction, and coherent with KSA strategic goal by examining a sample of four major firms in private sector. The outcome of the sample reflected that the private sector is harmonized with KSA objective. 

scholarly journals Status of Knowledge Based Economy in the Kingdom of Saudi Arabia: An Analysis

2013 ◽  
Vol 4 (6) ◽  
pp. 268-277
Author(s):  
Omar Salem Bashehab
Keyword(s):  
Saudi Arabia ◽  
Human Resource Development ◽  
Secondary Data ◽  
Primary Objective ◽  
Kingdom Of Saudi Arabia ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
The Status ◽  
Emerging Issues ◽  
The Government

This paper highlights on the emerging issues that compelled Saudi Arabia in transforming its economy to a knowledge-based one. It discusses the pillars of a knowledge-based economy i.e. the institutional model; education; research and development (R&D); and information and communication technology (ICT) adopted by the World Bank Institute framework to analyze the status of a knowledge-based economy in Saudi Arabia. The primary objective of this article is to understand the status of the knowledgebased economy in the Kingdom of Saudi Arabia. Secondary data was collected for writing the paper. The nine developmental plans of Saudi Arabia (Ministry of Economy and Planning), Ministry of Education reports, Ministry of Communications and Information Technology reports, and Saudi Arabian Monetary Agency (SAMA) reports are some of the important sources of data. The government of Saudi Arabia has laid the foundation for transforming its economy to a knowledge-based one but more is required especially in the field of human resource development and innovation to expedite the easiness of the transforming process.

scholarly journals The Role Of Universities In Building A Knowledge-Based Economy In Saudi Arabia

2014 ◽  
Vol 13 (5) ◽  
pp. 1047 ◽  
Author(s):  
Mohamed Imam Salem
Keyword(s):  
Higher Education ◽  
Economic Development ◽  
Saudi Arabia ◽  
Growth And Development ◽  
Sustainable Growth ◽  
Developed Economies ◽  
Innovation Research ◽  
Knowledge Based ◽  
Knowledge Based Economy

A knowledge-based economy is one of the vital components of modern economies. Growth in most of the economies of the world, and most developed economies in particular, are increasingly based on knowledge. In a knowledge-based economy, economic development is dependent on investments in education, learning and training, among others. Universities are today becoming aware of the essential role that higher education plays in the construction of knowledge-based economies. The kingdom of Saudi Arabia (KSA) has adopted the drive toward a knowledge-based economy through focusing on the higher education sector. Saudi Universities are playing a pivotal role toward the Kingdom's transition into a knowledge-based economy and hence achieving economic growth and development. The purpose of this paper is to critically examine the important role that universities play in building a knowledge-based economy through innovation, research commercialization, and technology transfer as economic development policies. The role of universities in building a knowledge-based economy in Saudi Arabia is also investigated. The paper confirms that Saudi universities are considered as a very important entity in the aim for the Saudi economy to achieve sustainable growth and development.

Nuclear cooperation will bolster South Korea-Gulf ties

2015 ◽  
Keyword(s):  
Saudi Arabia ◽  
South Korea ◽  
United Arab Emirates ◽  
Energy Demand ◽  
Nuclear Power ◽  
Youth Unemployment ◽  
Content Type ◽  
Knowledge Based ◽  
Gulf Countries ◽  
Knowledge Based Economy

Subject South Korea-Gulf ties. Significance As Saudi Arabia and the United Arab Emirates seek to reduce their economic dependence on oil, they have been deepening their ties with South Korea. Saudi Arabia and the United Arab Emirates (UAE) view South Korea as a development model because of its swift and successful transition to a knowledge-based economy. For its part, Seoul believes that developing ties with Gulf countries will enhance its energy security and boost trade flows. Impacts Increased renewables capacity will help meet the Gulf's rising domestic energy demand that threatens to erode its capacity to export oil. South Korean technology transfer and expertise should stimulate job creation in downstream industries, and help reduce youth unemployment. Construction of nuclear plants in the Gulf will establish South Korea as a credible exporter of nuclear power technology.

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