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Saudis and Expats: An Agent-Based Model of the Saudi Arabian Labor Market

In: Advances in Artificial Economics

Author

Listed:
  • Davoud Taghawi-Nejad

    (ESD University, Massachusetts Institute of Technology)

Abstract

Saudi Arabia like the other states of the Arabian Peninsula faces an unprecedented challenge: How to transform an economy that was largely driven by foreign labor, that was bought with oil money, into an economy that employs its own people and that creates wealth without depleting its oil wealth. The challenge to ‘Sauditize’ the economy cannot be guided by past experiences in other countries, simply because there are none.

Suggested Citation

  • Davoud Taghawi-Nejad, 2015. "Saudis and Expats: An Agent-Based Model of the Saudi Arabian Labor Market," Lecture Notes in Economics and Mathematical Systems, in: Frédéric Amblard & Francisco J. Miguel & Adrien Blanchet & Benoit Gaudou (ed.), Advances in Artificial Economics, edition 127, pages 139-149, Springer.
  • Handle: RePEc:spr:lnechp:978-3-319-09578-3_12
    DOI: 10.1007/978-3-319-09578-3_12
    as

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