: Discussion Forum 

The Saudi Vision 2030 is a plan to diversify the economy and develop  sectors such as education, infrastructure, and tourism. The government  encourages private investment in transportation and renewable energy. It  emphasizes economic and investment activities and increasing non-oil  industry trade between countries. What would be the role of FDI (Foreign  Direct Investment) to achieve the aims of the Saudi Vision 2030; what  might be some challenges with Vision 2030 that Saudi Arabia faces?

Search the Internet for an academic or  industry-related article. Select an article that relates to these  concepts and explain how it relates to doing business in Saudi Arabia.

For your discussion post, your first step is to summarize the  article in two paragraphs, describing what you think are the most  important points made by the authors (remember to use citations where  appropriate). For the second step, include the reference listing with a  hyperlink to the article. Do not copy the article into your post and  limit your summary to two paragraphs. Let your instructor know if you  have any questions and enjoy your search.

You are required to reply to at least two peer discussion question  post answers to this weekly discussion question and/or your instructor’s  response to your posting. These post replies need to be substantial and  constructive in nature. They should add to the content of the post and  evaluate/analyze that post answer. Normal course dialogue doesn’t  fulfill these two peer replies but is expected throughout the course.  Answering all course questions is also required.

Required

• Chapter 16 in Foundations  of Finance – International Business Finance 
• Alfalih, A. A., & Bel Hadj, T. (2020). Foreign direct investment determinants in an oil abundant  host country: Short and long-run approach for Saudi Arabia. Resources Policy, 66. 
• Engel, C., Lee, D., Liu, C., Liu, C., & Wu, S. P. Y.  (2019). The uncovered interest parity puzzle, exchange rate  forecasting, and Taylor rules. Journal  of International Money and Finance, 95, 317-331. 
• Lothian, J. R. (2016). Purchasing power parity and the behavior of prices and  nominal exchange rates across exchange-rate regimes. Journal of International Money and Finance, 69, 5-21.