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Saudi Arabia has 60,000 slaves [0]. Their society is about 150 years behind the developed world. Once the world moves past fossil fuels, I expect Saudi Arabia
by mleonhard 5y ago
Saudi Arabia has 60,000 slaves [0]. Their society is about 150 years behind the developed world. Once the world moves past fossil fuels, I expect Saudi Arabia to degenerate back into poverty. Their leaders are too ignorant or selfish to invest the country's wealth for long-term prosperity.
Saudi Arabia could become a well-functioning oligarchy like Singapore. Unfortunately, the Saudi government has only offered investment and cheap office space and done little else.
They should invest in:
1. Education for Saudi people: scholarships to study abroad, funding to open branches of foreign universities in Saudi Arabia, funding for many new international primary & secondary schools.
2. Brain drain: Education & scholarships for foreigners, good immigration processes with paths to citizenship, and equal rights for immigrants.
3. Healthy environment for business: Effective & fair legal system, good work visa processes, and effective worker protections.
USA (my country) protects and supports the corrupt Saudi government. Therefore, USA bears some of the blame for the squandering of Saudi Arabia's natural resources. Many Saudi people, including the late Osama bin Laden, hate USA for this.
[0] https://www.globalslaveryindex.org/2018/data/country-data/saudi-arabia/ https://www.globalslaveryindex.org/2018/data/country-data/sa...