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Title:Stakeholding as a new development strategy for Saudi Arabia PDF Logo
Authors:Corneo, Giacomo
Issue Date:2010
Series/Report no.:School of Business & Economics Discussion Paper: Economics 2010/20
Abstract:The transition from an oil-based to a knowledge-based economy requires that the Saudi population dramatically increases its level of human capital. This paper argues that noncognitive skills may be a bottleneck in the formation of human capital and proposes a policy to indirectly strengthen those skills. The core of the proposal is a government-financed gift to each Saudi citizen reaching adult age, the SSGY.
Subjects:Saudi Arabia
Stakeholder Society
Value Systems
Economic Development
Document Type:Working Paper
Appears in Collections:Diskussionsbeiträge, FB Wirtschaftswissenschaft, FU Berlin

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