THE ROLE OF GOVERNMENT POLICIES IN ENHANCING THE PERFORMANCE OF THE SAUDI FINANCIAL MARKET WITHIN THE FRAMEWORK OF VISION 2030
Financial markets are the backbone of the economy for many countries worldwide due to their importance in achieving balance within the overall financial system. They do this through various roles and tasks, such as hedging operations and managing different investments in financial instruments lik...
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Main Authors: | , , , |
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Format: | Article |
Language: | deu |
Published: |
University of Oradea
2024-12-01
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Series: | Annals of the University of Oradea: Economic Science |
Subjects: | |
Online Access: | https://anale.steconomiceuoradea.ro/en/wp-content/uploads/2025/01/AUOES.December.2024.13-1.pdf |
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Summary: | Financial markets are the backbone of the economy for many countries
worldwide due to their importance in achieving balance within the overall financial
system. They do this through various roles and tasks, such as hedging operations
and managing different investments in financial instruments like stocks and bonds.
This makes the management policies of financial markets significantly impact the
financial environment specifically, and the global economy in general. The primary
objective of this study is to clarify the role played by various government policies
and procedures in improving the performance of financial markets and enhancing
their contribution to the local economies of emerging countries, with a focus on the
case of the Kingdom of Saudi Arabia. Equally important is the study’s aim to draw
attention to ways to improve the performance of financial markets and provide an
initial study on this topic, which is relatively new for Arab countries, where previous
local studies remain scarce. On another level, diagnosing the governmental policies
adopted in managing financial markets and revealing their various advantages and
the challenges they face is highly beneficial for developing future strategies to
advance these markets and enhance their competitiveness. To achieve this
objective, an exploratory study was conducted based on various secondary
sources, data, and reports issued by the Saudi Tadawul market. The study
concluded that the different government measures adopted by the Kingdom of
Saudi Arabia as part of its vision during the period 2010-2030 had a positive
impact on the Saudi financial market, which has notably improved despite the
economic conditions and geopolitical crises the world is currently witnessing. |
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ISSN: | 1222-569X 1582-5450 |