Impact of Foreign Trainers to the Saudi Economy
Impact of Foreign Trainers to the Saudi Economy
Summary
The number of foreign workers arriving in Saudi Arabia to perform in the various industries of the economy has been on the rise. Foreign trainers have arrived in Saudi Arabia from all over the world to work in the different training facilities training different skills and knowledge to Saudis. The purpose of this project is to examine the impact of the foreign trainers to the economy of Saudi Arabia. This study will cross examine the various pieces of literature and statistics to deduce the impact the foreign trainers have on the economy (Al Dosary, 2004). The study will take an analytical angle in testing the hypothesis of this study which is; presence of foreign trainers in Saudi Arabia has positively contributed to the economy of the country (Albassam, 2015). The expected results of this study are that the trainers help in helping Saudi populace become more productive and hence strengthening the economy of the country (Menoret, 2011). Results of this study will help in establishing whether the government should regulate the arrival of foreign trainers or encourage more qualified trainers to come into the country.
The objective of this inquiry is to explore the impact of foreign trainers in Saudi Arabia. Increase in the flow of workers from other countries in different countries in the world has elicited mixed reaction from local populations and the governments of the countries (Al-Asfour & Khan, 2013). The study is triggered by the increasing numbers of foreign trainers arriving in Saudi Arabia from different parts of the world mainly from Europe and North America.
Research background
An influx of workers from a foreign country impacts the local populace and the economy in different ways. The workers are usually in the country on a temporary basis and often remit money they earn in the country to their home countries instead of investing and spending the money in the economy (Jackson & Manderscheid, 2015). The presence of foreign trainers to develop human resource of a country such as Saudi Arabia has a big impact on the economy of the country as the trained locals can productively impact the economy (Mahboob & Elyas, 2014).
Despite the short-term economic impact of foreign trainers appearing to be negative, it is clear that the Long-haul promise makes it good for an economy such as that of Saudi Arabia (Showail, McLean Parks & smith, 2013). In long-term, no more foreign trainers will be required as locals will take over their jobs (Al-Asfour & Khan, 2013). Then, the remittances from the country will dwindle and hence strengthening the economy of the country and reduce the unemployment index.
Research methods
This is an analytical research that will use already collected data and pieces of literature to answer the set hypothesis.
Expected findings
The expected results of this study are that the Saudi economy will positively benefit from the presence of foreign trainers in the country. In the short-run, the impact on the economy may not be very impressive due to the chunk of budget spent on them (Showail, McLean Parks & smith, 2013). The fact that their money is more likely to be remitted home instead of being spent on the economy also presents an unpleasant economic situation. In the long run, however, the economy will thrive due to the training they impart to the locals as they (locals) will be able to work in the various sectors where foreigners are employed in the economy (Showail, McLean Parks & smith, 2013). This will have a positive impact on lessening the level of unemployment in the country and also increase the investments made by locals in the economy.
References
Al Dosary, A. (2004). HRD or manpower policy? Options for government intervention in the local labor market that depends upon a foreign labor force: the Saudi Arabian perspective. Human Resource Development International, 7(1), 123-135. http://dx.doi.org/10.1080/1367886022000041967
Al-Asfour, A., & Khan, S. (2013). Workforce localization in the Kingdom of Saudi Arabia: issues and challenges. Human Resource Development International, 17(2), 243-253. http://dx.doi.org/10.1080/13678868.2013.836783
Albassam, B. (2015). Does Saudi Arabia’s economy benefit from foreign investments?. Benchmarking: An International Journal, 22(7), 1214-1228. http://dx.doi.org/10.1108/bij-05-2014-0039
Jackson, D., & Manderscheid, S. (2015). A phenomenological study of Western expatriates’ adjustment to Saudi Arabia. Human Resource Development International, 18(2), 131-152. http://dx.doi.org/10.1080/13678868.2015.1026552
Mahboob, A., & Elyas, T. (2014). English in the Kingdom of Saudi Arabia. World Englishes, 33(1), 128-142. http://dx.doi.org/10.1111/weng.12073
Menoret, P. (2011). Development, Planning and Urban Unrest in Saudi Arabia. The Muslim World, 101(2), 269-285. http://dx.doi.org/10.1111/j.1478-1913.2011.01356.x
Showail, S., McLean Parks, J., & smith, f. (2013). Foreign workers in Saudi Arabia: a field study of role ambiguity, identification, information-seeking, organizational support and performance. The International Journal of Human Resource Management, 24(21), 3957-3979. http://dx.doi.org/10.1080/09585192.2013.781521