Global Journal of Management and Business Research, G: Interdisciplinary, Volume 23 Issue 1

Global Journal of Management and Business Research: G Interdisciplinary Volume 23 Issue 1 Version 1.0 Year 2023 Type: Double Blind Peer Reviewed International Research Journal Publisher: Global Journals Online ISSN: 2249-4588 & Print ISSN: 0975-5853 Economic Transformation in Achieving Sustainable Development before and after the Kingdom's Vision 2030 (A Case Review for Saudi Arabia) By Hayam M. Jabali, Areej Hamoud Alharbi & Preethi Rajan Jazan University Abstract - Saudi Arabia has come a long way in developing its economy with Vision 2030 as its goal to achieve economic transformation. Prior to implementing Vision 2030, Saudi Arabia had faced many issues which led to the imbalance of its economy. Instigating Vision 2030 led to a drastic change in the tourism sector. Attracting international investments led to focusing on various sectors like renewable energy, entertainment and so on. Even though the tourism sector lacked diversity initially, after the implementation of Vision 2030, non-related economic segments flourished. Keywords: sustainable development, vision 2030, tourism, economic development, investment. GJMBR-G Classification: JEL Code: O10 - O19 EconomicTransformationinAchievingSustainableDevelopmentbeforeandaftertheKingdomsVision2030ACaseReviewforSaudiArabia © 2023. Hayam M. Jabali, Areej Hamoud Alharbi & Preethi Rajan. This research/review article is distributed under the terms of the Attribution-NonCommercial-NoDerivatives 4.0 International (CC BYNCND 4.0). You must give appropriate credit to authors and reference this article if parts of the article are reproduced in any manner. Applicable licensing terms are at https://creative- commons.org/licenses/by-nc-nd/4.0/. Strictly as per the compliance and regulations of: