Select a country in which the government has implemented ind
Select a country in which the government has implemented industrial policies. Have the industrial policies contributed significantly to the country’s economic growth? Have the policies lead to problems in the country’s economy? Need citation
Solution
I will select Saudi Arabia where the government implemented various industrial policies to shift the economy\'s from oil dependence to other industries such as Retail, petrochemicals, tourism, Hotel, building & construction.
This has helped the Saudi economy to great extent as the non-oil sectors are contributing remarkably to the overall economic growth and inviting more foreign direct investment.
I believe there was no problems due to implementation of these policies.
