Running the economy without oil wealth
Oil wealth is receding, incapable of matching fiscal policy while there
is a massive pressure on our leaders to sustain the machinery of
government and to meet the yearnings of those who enabled their
existence in our democratic process. So our leaders and their partners
in industry are expected to move with lightning speed and walk away from
oil as a base for development. We must think out of the box. Doing so
means generating wealth from ideas such as countries without oil are
doing and moving their societies into the league of leading nations of
the world, far ahead of those with oil weapon which is now proving
inadequate.
Running the economy without oil wealth
Reviewed by Unknown
on
December 28, 2015
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