Saudi Arabia approves ambitious plan to move economy beyond oil

 

http://www.theguardian.com/world/2016/apr/25/saudi-arabia-approves-ambitious-plan-to-move-economy-beyond-oil

 

The article details the Economic Reform proposed by Saudi Arabia to minimise dependency on crude oil exports, increase investment in other sectors, plan expenditures in Health, Education, and Training and attract Foreign Investments into the country.

 

Topics include Economic Development –factors contributing to Economic Development, Obstacles to Economic Development, role of Foreign Investment, Aid.

 

Evaluation will cover consequences of over dependence on narrow range of Primary products Exports , role of Institutions –legal, political and social in overcoming the obstacles to Economic Development , effectiveness of Foreign Investment and Aid in short term and long term.

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