Saudi Arabia’s Reform Path (Ishac Diwan, Project-Syndicate)

Nearly two years after oil prices began their precipitous decline, leading global producers are facing the prospect of major adjustments that will have far-reaching economic, social, and political consequences. While such adjustments will surely be enormously challenging – especially for middle-income countries like Saudi Arabia, which lack the massive wealth funds of, say, the United Arab Emirates – they present these countries with an important opportunity to consider more productive ways to organize their societies.

https://www.project-syndicate.org/commentary/saudi-arabia-vision-2030-reform-plan-by-ishac-diwan-2016-04