The Impact of Covid-19 Pandemic on the Oil Sector in Global Economic and Saudi Economy
| المصدر: | المجلة العلمية للدراسات التجارية والبيئية |
|---|---|
| الناشر: | جامعة قناة السويس - كلية التجارة بالاسماعيلية |
| المؤلف الرئيسي: | حليم، منى أبو العطا (مؤلف) |
| مؤلفين آخرين: | رزق، ولاء مجدي إسماعيل (م. مشارك) |
| المجلد/العدد: | مج12, ع4 |
| محكمة: | نعم |
| الدولة: |
مصر |
| التاريخ الميلادي: |
2021
|
| الشهر: | أكتوبر |
| الصفحات: | 31 - 64 |
| DOI: |
10.21608/jces.2021.219374 |
| ISSN: |
2090-3782 |
| رقم MD: | 1224201 |
| نوع المحتوى: | بحوث ومقالات |
| اللغة: | الإنجليزية |
| قواعد المعلومات: | EcoLink |
| مواضيع: | |
| كلمات المؤلف المفتاحية: |
Oil Prices | Oil & Gas Sector Crude Oil Futures | Saudi Arabia
|
| رابط المحتوى: |
عدد مرات التحميل
1
| المستخلص: |
This study aimed to identify the impact of COVID-19 on oil sector which faced the significant challenges, globally and in Saudi Arabia. The study sheds light on the unprecedented crisis that occurred in the decline in demand for oil and the collapse of its prices, and its effects and consequences on world economies and Arab economies, and the extent to which the Saudi economy has been affected by them in light of what markets have witnessed global oil, and opportunities to benefit from this crisis and the study relied on the descriptive and analytical methodology. The study paper will use the NARDL to explain the asymmetric effect of changes in oil price on Government Budget for Saudi Arabia. The study reached that this situation provides a further opportunity for Saudi Arabia to diversify the economy away from a reliance on oil , Government policies seek to facing these challenges by diversifying the economic base and developing and diversifying revenues Non-oil products to reduce financial volatility, in addition to enhancing the role of the private sector focusing on supporting non-oil GDP growth rates to enhance the resilience of the economy. |
|---|---|
| ISSN: |
2090-3782 |
عناصر مشابهة
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The Effects of the Corona Virus "Covid-19" Crisis on the Global Economy: The most Important Repercussions of the Virus on Various Economic Sectors
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The Impact of (Covid-19) on Global Economy
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Coronavirus Pandemic "COVID-19": Economic Impact on Stock Markets and Oil Industry
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The Novelty Corona Virus Pandemic and its Effects on the Global Economy
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The Impact of Corona Virus (Covid19) on the World Economic Activity of the Small and Medium Enterprises
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