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Information and Communication Technologies Cluster Review |
| The Information and Communication Technologies (ICT)Review, written by the National Competitiveness Center (NCC). As part of the NCC's ongoing efforts to support and enhance SAGIA's 10x10 initiative, the ICT Cluster Review provides a detailed, current, and objective assessment of competitiveness within Saudi Arabia's ICT cluster. |
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An update on Saudi Arabia's 10x10 Program |
| Saudi Arabia has achieved impressive economic gains in recent years, including five successive years of budget surpluses, a significant reduction in national debt, and tremendous growth in domestic and foreign investment. However, the country faces growing economic challenges. The oil sector dominates the economy but employs relatively few workers, while productivity in other economic sectors does not reach the levels set by the world's best.
As the Kingdom seizes new opportunities that will lead toward greater prosperity for its citizens, the NCC will play a fundamental role in orchestrating competitiveness enhancement efforts, and will provide a valuable, data-driven, voice for the Economic Leadership of Saudi Arabia. This issue of the Competitiveness Review provides an update on the improvements made in Saudi Arabia in 2007 and offers an assessment of further improvements we can make to achieve our full potential. |
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Economic Impact of Administrative Barriers |
| As part of its role to improve the competitiveness of the Kingdom, the NCC has produced a preliminary estimate of the cost of bureaucracy to businesses in Saudi Arabia. The burden of administration is strongly correlated with competitiveness – in highly competitive economies, governments tend to impose low administrative burdens on business, resulting in increased productivity and higher standards of living for their citizens |
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