Consult Within: Analyzing the Recent Decision to Localize Consultancy Professions in Saudi Arabia

Initiative Productivity and Economic Diversification
Type Instant Insight
Date 9 March 2023

Capital expenditure
CO2 emissions
Consumer behavior
Consumer behaviour
Distributional effects
Econometrics
Economic diversification
Economic growth
Education
Elasticity
Electricity demand
Employment
Energy consumption
Energy demand
Energy efficiency
Energy price reform
Energy prices
Energy subsidies
Energy transition
Fiscal policy
fossil fuel economies
Gasoline demand
GCC
Government expenditure
Green growth
Green Jobs
Household behaviour
Inclusive economy
Labour Market
Macroeconomics
Non-oil economy
Oil demand
Oil-rich countries
Productivity
Regional analysis
Renewable energy
Residential buildings
Saudi Arabia
Sectoral analysis
Structural breaks
Sustainability
Time series models
Training
Vision 2030
Welfare

Abstract

In October 2022, Saudi Arabia’s Ministry of Human Resources and Social Development (MHRSD) issued a decision mandating the progressive localization of consultancy professions up to 40% by the end of March 2024. Such targeted localization (or Saudization) of specific professions is not extraordinary in Saudi Arabia.

Authors

Cian Mulligan

Senior Research Associate Cian contributes to the KAPSARC initiative on Productivity and Economic Diversification in Saudi Arabia. His current work focuses on economic… Cian contributes to the KAPSARC initiative on Productivity and Economic Diversification in Saudi Arabia. His current work focuses on economic diversification in Saudi Arabia, labor dynamics in GCC countries, gender employment gaps in the GCC, and policy recommendations for Saudi Vision 2030 goals. Before joining the center, he worked as an energy analyst in Vienna. Most recently, he served as the editor of Intereconomics Review of European Economic Policy in Hamburg, where he worked with academics all over the world to publish and promote diverse research topics for a policy-oriented readership.

Expertise