| Author(s) | Abdullah H. Albatel |
| Affiliation | Associate Professor, Department of Economics College of Administrative Sciences, King Saud University-Riyadh |
| Title | Human Resources Development and Economic Growth in Saudi Arabia |
| Source | Journal of King Saud University. Administrative Sciences. Volume 16, No 1. (2004/1424) |
| Abstract | Human capital investment is seen as crucial for economic development and growth. The acquisition of knowledge and skills benefits both the individual and the society as a whole. Development plans in Saudi Arabia recognized the importance of human resources development as a crucial goal in its overall planning strategy. This was reflected in the expenditure on education and human resources development. By using recent developments in econometrics, this study attempts to examine the government policies towards developing human resources. Relevant literature is also surveyed. The results show that these policies have positive impacts on economic growth and development during the period of the study. |
