Graduation Year


Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts


Environment, Economics and Politics

Reader 1

William Ascher

Reader 2

Patrick Van Horn

Rights Information

© 2019 Dena N Kleemeier


Saudi Arabia faces a universally acknowledged need to diversify beyond hydrocarbons. The Saudi Arabian government has outlined a strategy to achieve diversification through its Vision 2030 reform plan. Contrary to the Vision 2030 plan, the Saudi government should allow for entrepreneurs and market signals to determine diversification when considering what sectors should receive investment, with the exception of broad infrastructure investments contributing to the overall enabling environment. Government lending for private-sector investments need to have plausibly high projected rates of return, and meet minimum standards of environmental and social responsibility, requiring participation by multiple government ministries sufficiently insulated from the government.

This thesis is restricted to the Claremont Colleges current faculty, students, and staff.