• Focus Area Energy and Economic Vulnerability Energy and Economic Vulnerability
  • Type Discussion paper
  • Date 19 July 2020
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Abstract

A clear objective of Saudi Vision 2030, the strategic roadmap for the future of the Kingdom of Saudi Arabia, is to put the non-oil sector at the heart of the country’s economic development. The vision realization programs (VRPs), such as the National Transformation Program and Fiscal Balance Program (FBP), have established initiatives and targets to help develop the non-oil sector. It is important, then, to explore the role fiscal policy can play in developing the country’s non-oil sector.

 

Authors

Fakhri Hasanov

Senior Fellow I Fakhri Hasanov is a senior fellow and leads the KAPSARC Global Energy Macroeconometric Model projects with 20+ years of experience… Fakhri Hasanov is a senior fellow and leads the KAPSARC Global Energy Macroeconometric Model projects with 20+ years of experience in econometric modeling and forecasting. Since 2015, he has been involved in multistakeholder projects, leading and executing macroeconomic analysis of various policy choices and initiatives (e.g., energy prices, energy demand, and fiscal reforms) for the Kingdom’s economy. He has extensive experience working with policymakers. Prior to KAPSARC, he was a post-doc at George Washington University. His research mainly covers macro-econometric modeling for energy and environmental economics policy analyses. Dr. Hasanov has authored 50+ applied studies published in reputable journals such as Energy Policy, Energy Economics, Empirical Economics, and Energy Strategy Review. His research is recognized internationally (e.g., he is listed among the top 2% of scientists globally by Elsevier). Fakhri is an editorial board member of various peer-reviewed journals, such as Frontiers in Environmental Science. He holds a Ph.D. in econometrics.

Expertise

  • Econometric modeling and forecasting
  • Time series and panel data econometrics
  • Macroeconometric models for policy analyses
  • Energy economics
  • Environmental economics.

Publications See all Fakhri Hasanov’s publications

Nader AlKathiri

Fellow Nader AlKathiri is a fellow in the Energy Macro & Microeconomics program. He currently leads a project exploring how different…

Nader AlKathiri is a fellow in the Energy Macro & Microeconomics program. He currently leads a project exploring how different energy transition pathways impact the economies of developing and developed countries, aiming to enhance our understanding of the challenges and opportunities that lie ahead in achieving net-zero emissions. Nader’s research has been published in several international peer-reviewed journals such as Energy Economics, Resources Policy, and Applied Economics. Nader holds a Ph.D. in Economics from the University of Sussex and an M.Sc. in Applied Mathematics and Computational Sciences from KAUST. He also holds an MBA in Finance from Prince Sultan University and a B.Sc. degree in Operations Research from King Saud University.

Expertise

  • Energy Economics; Economic Diversification; Macroeconomics; Development Economics; Energy Transition

Publications See all Nader AlKathiri’s publications

Saad Alshahrani

Saad Alshahrani

Saad  is Deputy Minister for Macro-Fiscal Polices at the Ministry of Finance, Saudi Arabia. Previously, he was an economist at… Saad  is Deputy Minister for Macro-Fiscal Polices at the Ministry of Finance, Saudi Arabia. Previously, he was an economist at the International Monetary Fund. He has served as a senior economic specialist at the Research and International Affairs Deputyship at the Saudi Arabian Monetary Authority. He has also been an assistant professor at Prince Sultan University, and a member of the establishment secretariat of the Gulf Monetary Council. Saad is a board member of the Saudi Economic Association and the International Islamic Trade Finance Corporation (ITFC). He is also a member of the Economic Policies Committee (EPC) at the OECD, and a member of the Financial Stability Committee. His research interests and experience encompass macroeconomic and fiscal policy, economic growth and development, public finance management, and econometrics. He received a B.S. in mathematics, and two M.Sc. degrees in statistics and economics, and a Ph.D. in economics.

Ryan Alyamani

Senior Research Analyst Ryan is a senior research analyst in the Energy and Macroeconomics program with a particular interest in natural resource economics… Ryan is a senior research analyst in the Energy and Macroeconomics program with a particular interest in natural resource economics and developing energy and economic models. Ryan holds a B.S. degree in Mechanical Engineering from Mercer University.

Expertise

  • Energy Economics
  • Natural resource economics
  • Energy and Economic Modeling

Publications See all Ryan Alyamani’s publications

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