Document Details

Document Type : Thesis 
Document Title :
The Impact of Monetary Policy on the Economic Growth in the Kingdom of Saudi Arabia during the Period (1991 – 2020)
أثر السياسة النقدية على النمو الاقتصادي بالمملكة العربية السعودية في الفترة (1991م – 2020م)
 
Subject : Faculty of Economics and Management 
Document Language : Arabic 
Abstract : This study aimed mainly to identify the relationship of money supply to economic growth in the Kingdom of Saudi Arabia in the period (1991 - 2020), by clarifying the importance of monetary policy in achieving the objectives of economic policy. And verify the relationship between monetary policy and economic growth. In this study, the researcher followed the econometric approach to estimate the relationship between money supply and economic growth in the Kingdom of Saudi Arabia in the period (1991 – 2020). Where a set of statistical and standard methods and methods were used, to achieve this: such as (the Ordinary Least Squares (OLS) method, some descriptive statistical measures, with the use of graphs to clarify the time sequence of model variables). The results of econometric analysis showed that there is a correlation between the independent variables (money supply (M2), real interest rate, and inflation rate) with the dependent variable, which is economic growth. And the model variables explain (97%) of the change in the economic growth rates in the Kingdom of Saudi Arabia. The results of econometric analysis also indicated the insignificance of the effect of the real interest rate on economic growth rates in the Kingdom of Saudi Arabia, despite the presence of a weak inverse relationship between them during the period (1991-2020). Based on the findings of the study, the researcher recommended the necessity of coordination between monetary and fiscal policy to increase economic growth rates to achieve comprehensive and sustainable development. And activating monetary and fiscal policy based on effective economic foundations in order to control inflation rates on the one hand and provide the monetary base on the other, with the aim of attracting foreign investments and stimulating the productive base and economic activity. Key words: Monetary policy - economic growth - real interest rate – inflation 
Supervisor : Dr. Khaled Zaki Al-Deeb 
Thesis Type : Master Thesis 
Publishing Year : 1444 AH
2022 AD 
Added Date : Tuesday, February 28, 2023 

Researchers

Researcher Name (Arabic)Researcher Name (English)Researcher TypeDr GradeEmail
فراج محمد القحطانيAl-Qahtani, Farraj MohammedResearcherMaster 

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