Unemployment in Saudi Arabia How is it possible that the largest producer and exporter of oil in the world suffers from an urgent problem called “Unemployment”? Many people were shocked when they heard that such a wealthy country is unable to provide jobs for its citizens. According to the International Labor Organization‚ unemployment among youth stood at 30.2% in Saudi Arabia. The consequences of the unemployment problem in Saudi Arabia‚ the causes‚ and some recommended solutions will be discussed
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Published: June 30‚ 2012 Foreign Direct Investment and Economic Growth in Nigeria: An Analysis of the Endogenous Effects Okon J. Umoh‚ 2Augustine O. Jacob and 1Chuku A. Chuku 1 Department of Economics‚ University of Uyo‚ Uyo‚ Nigeria 2 Heritage Polytechnic‚ Eket Akwa Ibom State‚ Nigeria Abstract: This research endeavour set out to empirically investigate the relationship between foreign direct investment and economic growth in Nigeria between 1970 and 2008. The paper makes the proposition that there is
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Unemployment in Saudi Arabia Abstract: We can state that the main goal of any development plan in any place in the world is securing jobs for citizens. In the kingdom‚ we are living through unprecedented growth. We have seven million foreigners and we rank second after the U.S. in remittances. Yet‚ 10 percent of Saudis are vying for getting the 2‚000 riyals offered by the Hafez program for job-seeking citizens. In this research‚ we are going to discuss
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In the United States today‚ a huge social issue that Americans are facing is unemployment. Unemployment is so important today‚ because it has retaken its place in Americans’ minds as the country’s biggest social problem in the United States. According to brookings.edu‚ “The government’s report that the economy added only 74‚000 jobs in December‚ while the unemployment rate dipped to 6.7%‚ has left many feeling dispirited and confused ”(1). This quote is explaining that the Economy is creating more
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The causes and consequences of youth unemployment in Australia has been of particular concern within both government and private sectors for many years. According to the Australian Bureau of Statistics (ABS)‚ 10.9% of the total 15-24 age population was unemployed in September‚ 1995. This figure climbed to 15.3% in September‚ 2003. This evidence gives cause to the growing concern surrounding the increase in youth unemployment. For sizeable numbers of youth‚ its not going to get any easier to find
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INTRODUCTION: The question of an acceptable formula for revenue sharing among the component tiers of the Nigerian nation is one of the most protracted and controversial debates in the political and macroeconomic management of the economy. This debate has its foundations in the history and evolution of the Nigerian federation. “Revenue allocation or the statutory distribution of revenue from the Federation Account among the different levels of government has been one of the most contentious and
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CHAPTER TWO REVIEW OF RELATED LITERATURE 2.0 INTRODUCTION HIV/AIDs has been ranked among the common disease of all times that is threatening us with the extinction of youths and adults. It is not only terrorizing the entire generation but also kills and leaves millions of orphans for the oldest grandparent to carter for. 2.1 HIV/AIDS IN NIGERIA According to USAID brief (2004)‚ Nigerian epidemic is characterized by one of the most rapidly increasing rates of new HIV/AIDS cases in West Africa
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The belief system of the people influences the way they think‚ feel and see things in relations to people of other religions. Unfortunately‚ Nigeria is a country that is continuously weighed-down by religious burdens. Sustainable religious-peace across Nigeria have been aborted times without number due to the recurrent cases of religious conflicts. As this religious conflict lingers and rears its ugly head in different parts of the country‚ it continues to direct and influence the perception of the
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Unemployment Problem In Bangladesh Unemployment is the situation in which one does not have any opportunity to work and earn. An unemployed person can not earn his living. He has to depend on others . He is thought as a burden to the family or the society. So‚ it is regarded as a problem. Unemployment is common every where in the world. No country in the world is completely is free form it. So‚ Bangladesh is not exception from it. Rather‚ this problem is very serious in our country. Many people
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Science Determinants of Foreign Direct Investment in Nigeria: An Empirical Analysis Obida Gobna Wafureα Abu‚ NurudeenΩ Abstract: The role of foreign direct investment in the development of Nigerian economy cannot be over emphasized. Foreign direct investment provides capital for investment‚ it enhances job creation and managerial skills‚ and possibly technology transfer. This paper investigates the determinants of foreign direct investment in Nigeria. The error correction technique was employed to analyze
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