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153764

Risk management: Evaluating the role of a National Risk Avoidance Policy in limiting the spread of Coronavirus: Perspective from Saudi Arabia

Article

Last updated: 22 Jan 2023

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Abstract

This research aims to present a "National Risk Management Policy" NRMP as a proposed scheme to help the country curb the spread of Covid-19. This scheme helps determine the classification for each country according to the severity and the evolutionary stage of the virus in that country.  Also, analyze the risks of spreading the Corona virus in the Kingdom of Saudi Arabia by evaluating the role of a National Risk Avoidance Policy (NRAP) and a (NRMP) in limiting the spread and reduce the risk of the virus. Moreover, it assesses the Saudi state's performance regarding Covid-19 by analyzing the indicators of the virus and its evolution. Where the study found that the logistic growth model is the most appropriate to study confirmed cases. A prediction performed using this model found that the pandemic is supposed to fade "theoretically" during September 2020. According to proposed scheme and based on an analysis of Covid-19's indicators in Saudi Arabia until the date of July 23, 2020 a classification OC can be established for Saudi Arabia, which means that the evolutionary stage of the virus in Saudi Arabia is C and color O (Orang) reflect its severity which is decreasing.

DOI

10.21608/cfdj.2021.153764

Keywords

Covid-19’s Country Classification, Covid-19’s evolution scheme, National Risk Management, Risk Avoidance Policy, COVID-19 in Saudi Arabia

Authors

First Name

هاني عبد الحکيم

Last Name

صالح

MiddleName

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Affiliation

کلية التجارة - جامعة المنصورة - قسم الإحصاء

Email

hanyhakeem2000@gmail.com

City

السعودية - المدينة المنورة

Orcid

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Volume

2

Article Issue

العدد الثاني - الجزء الأول

Related Issue

21644

Issue Date

2021-02-01

Receive Date

2021-01-31

Publish Date

2021-03-05

Page Start

323

Page End

348

Print ISSN

2682-3403

Online ISSN

2682-4531

Link

https://cfdj.journals.ekb.eg/article_153764.html

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https://cfdj.journals.ekb.eg/service?article_code=153764

Order

10

Type

المقالة الأصلية

Type Code

1,242

Publication Type

Journal

Publication Title

المجلة العلمية للدراسات والبحوث المالية والتجارية

Publication Link

https://cfdj.journals.ekb.eg/

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Article

Created At

22 Jan 2023