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Interesting throughout. As I understand it, this policy is a tool for buying the Saudi ruling class time to reshape the society into somthing that is compatible
by woodpanel 12y ago
Interesting throughout. As I understand it, this policy is a tool for buying the Saudi ruling class time to reshape the society into somthing that is compatible with and competitive in the future, yet saudi-arabic.
Such Top-to-Bottom approaches are often loathed upon but I'd say good for them. Still, at some point the money spent on its citizens well-being will have to exceed the money spent on mistreating them. How many educated Saudis does it take to stand up for the whip-lashed ones?
Betting that transformation-process on the oil-market seems like a risky business to me.