Stakeholding as a new development strategy for Saudi Arabia

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.

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Year of publication:	2010
Authors:	Corneo, Giacomo
Publisher:	Berlin : Freie Universität Berlin, Fachbereich Wirtschaftswissenschaft
Subject:	Entwicklungsstrategie \| Informationsgesellschaft \| Bildungsinvestition \| Subvention \| Stakeholder \| Saudi-Arabien \| Saudi Arabia \| Stakeholder Society \| Value Systems \| Economic Development

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Series:	Diskussionsbeiträge ; 2010/20
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
ISBN:	978-3-941240-32-2
Other identifiers:	637351231 [GVK] hdl:10419/43691 [Handle] RePEc:zbw:fubsbe:201020 [RePEc]
Classification:	o0 ; Z1 - Cultural Economics
Source:	EconStor

Persistent link: https://www.econbiz.de/10010303821