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> Sure, but even the average Saudi has a substantially higher QOL due to Aramco than their peers in most other nations. Nowhere else in the region has a compara
by Marsymars 5y ago
> Sure, but even the average Saudi has a substantially higher QOL due to Aramco than their peers in most other nations. Nowhere else in the region has a comparable HDI.
Looking at the list of countries in the Middle East, it looks like Oman, Bahrain, Cyprus, Kuwait, UAE, Israel and Qatar have a similar or greater HDI than the KSA. (Though combined, they have about a similar population as KSA alone.)
- 35fbe7d3d5b9 5y agoIf you're worried as the original poster was about the impact of inevitable global decarbonization on national economies, I have bad news for you about Oman, Bahrain, Kuwait, the UAE, and Qatar.
- fakedang 5y agoThe UAE and Qatar seem fine, although their sovereign fund will be in stagnation and will be under pressure to maintain their returns. Bahrain, Oman and Kuwait are whole different problems altogether. Bahrain is Sunni-ruled with Shia majority population, so once KSA weakens, expect to see some revolts soon. On the other hand, the UAE will step up its game and intervene in Bahrain should such a situation arise (ironically, Bahrain was going to join the UAE back in 1971, but backed away because they were richer and wanted to be the capital). Kuwait and Oman are already falling to xenophobic pressure. They have begun expelling expats from jobs and looking for inward hiring, but this has had a net negative effect on their economies.
- munk-a 5y agoConsidering Cyprus has a gigantic DMZ down the middle of it (in several places) I'm quite surprised it made that list.