DOAJ Open Access 2024

The Impact of Sustainable Trade Practices on Economic Transformation in Saudi Arabia: Lessons for Developing Economies

Sanjeevni Gangwani

Abstrak

The trade practices in Saudi Arabia include farming, date exports, and trade generated by pilgrims. There was less economic growth. However, the oil exports and earnings from the oil sector generated funds for economic development, which helped international trade to flourish in the Kingdom of Saudi Arabia (KSA). The present study sheds light on the economic transformation of the KSA due to its sustainable trade practices. A qualitative methodology approach of the resource-based view was carried out in the international context. The present study discussed KSA’s initiatives to boost international business, including the Future Investment Initiative and the creation of small and medium-sized enterprises (SMEs). The study will evaluate the international business practices and economic transformation in KSA. This study will present the Saudi business environment and the government’s contribution to the country’s economic transformation.

Topik & Kata Kunci

Transportation engineering Systems engineering Environmental engineering Engineering economy Plasma engineering. Applied plasma dynamics Engineering machinery, tools, and implements Mechanics of engineering. Applied mechanics Materials of engineering and construction. Mechanics of materials Structural engineering (General) Engineering geology. Rock mechanics. Soil mechanics. Underground construction Architectural engineering. Structural engineering of buildings Computer engineering. Computer hardware Nuclear engineering. Atomic power Chemical engineering Low temperature engineering. Cryogenic engineering. Refrigeration Naval architecture. Shipbuilding. Marine engineering Business

Penulis (1)

Sanjeevni Gangwani

Format Sitasi

APA MLA BibTeX

Gangwani, S. (2024). The Impact of Sustainable Trade Practices on Economic Transformation in Saudi Arabia: Lessons for Developing Economies. https://doi.org/10.58482/ijeresm.v3i3.6

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Informasi Jurnal

Tahun Terbit: 2024
Sumber Database: DOAJ
DOI: 10.58482/ijeresm.v3i3.6
Akses: Open Access ✓