Saudi Reforms Are Ambitious But Are They Achievable?Mark Melin
Can Saudi reforms actually achieve the goal of diversifying away from oil, liberalizing the economy and its society to various degrees?
When Saudi Arabia recently announced they were working to diversify their economy away from oil, one could almost hear a commodity trader’s pain. After oil took a pounding, losing nearly 3/4 of value from peak to trough, having government and social services funding tied to a volatile asset might not be in the nation’s best interest. With thoughts of Arab spring . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible