SACM - United Kingdom

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    A Comparative Analysis of Circular Economy Practices in Saudi Arabia with Leading Countries
    (Cranfield University, 2024-09) Alsaud, Khalid; Assad, Fadi
    As a result of the increase in urbanisation and resource consumption, the need for sustainable economic models has become noticeable. The linear economy model, established globally, consumes non-renewable resources, exceeding the earth's capacity which exhibits significant shortcomings that limit sustainability, requiring a shift towards CE as a sustainable conception. Saudi Arabia, one of the largest global economies, is striving to adopt this transformation due to significant environmental and economic challenges. Saudi Arabia has no specific strategy for the circular economy. This hinders the ability to find solutions of the challenges waste management and excessive consumption issues. The country is lacking a comprehensive framework that compares its policies with leading countries. A framework was developed to analyse and compare circular economy initiatives, strategies and policies between Saudi Arabia and China, Japan, and Europe. Collected data were examined and policies and strategies were analysed using thematic analysis. This approach allows for the identification of commonalities and differences between the countries. The study highlighted differences in policies and practices, identifying best practices that Saudi Arabia could adopt to enhance the sustainability. The findings emphasise the need of adopting global best practices and developing local strategies to KSA. Policymakers and researchers in Saudi Arabia can leverage these results to contribute to more effective shift to the CE. This work can by developed by implementing this study on quantitative study approach where indicators and metrics are compared, which leads to greater impact.
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    Unconventional Monetary Policies Strategies: A Review with Case Study of the United States and Japan
    (University of Bath, 2024-09) Aldohan, Sarah; Kokonas, Nikolaos
    This thesis explores unconventional monetary policy instruments and their impact on the economy, specifically during periods of economic crisis when traditional tools become insufficient, with a case study of the United States and Japan. The objective is to comprehend the actual operation of these policies, including quantitative easing, forward guidance, and negative interest rates, as well as their effectiveness across different economic contexts. This study emphasises the success and limits of unconventional monetary policy tools by tracing the history of monetary policy and investigating the challenges posed by zero lower-bound interest rates. Although these policies have been instrumental in stabilising financial markets and preventing deflation, their long-term effects are frequently limited by the economy's more profound structural issues. The research indicates that the efficacy of UMPs is significantly influenced by the specific economic context and that these policies must be implemented in conjunction with broader structural reforms to effectively address the underlying issues
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