The Balance of Payment of the KSA and Its Main Determinants Financial Economic Time Series Analysis from 1981 to 2007

Abstract

This paper addresses the impact of different factors that are theoretically believed to have significant impact on the status of the balance of payment. The paper applies those theoretical concepts on the status of the balance of payment of Saudi Arabia from 1981 to 2007. The paper gives interesting implications in that regard for decision makers so they can address different implications on the status of the balance of payment of the country by incorporating endogenously different macro-variables addressed by the current paper while they take decisions regarding the improvement of the status of the balance of payment economically.