Saudi Arabia's economy faces a deadline that no amount of spending can extend. For fifty years, oil revenues built cities, employed citizens, and eliminated the need for competitive industries. Now, with global oil demand set to plateau and youth unemployment above twenty percent, the Kingdom is attempting something few resource economies have ever managed—building a post-oil economy before the oil runs out.
This video examines why Vision 2030's massive infrastructure spending hasn't translated into jobs for Saudi nationals, how decades of guaranteed government employment created a labor market incompatible with diversification, and what history's resource economies reveal about the odds of success. From Dutch Disease to Norway's sovereign wealth fund to Dubai's necessity-driven pivot, the patterns are clear—and Saudi Arabia is fighting against all of them.
What Will You Learn
• Why Saudi unemployment remains high despite hundreds of billions in Vision 2030 spending
• How oil dependency created a social contract that now blocks economic reform
• The structural mismatch between Saudi graduates and private sector job requirements
• What Dutch Disease and Norway's model reveal about resource economy transitions
• Why NEOM and megaprojects don't solve the employment problem
• How Saudization policies create compliance without real job creation
• The fiscal pressure point: Saudi Arabia's $80+ break-even oil price
This video is for educational and informational purposes only. Nothing presented here constitutes financial, investment, or legal advice.
About The Channel
The Untold Economy explores financial history, macroeconomics, and geopolitics through calm, analytical storytelling. We examine how money, power, and systems shape nations—without hype or sensationalism. If you're interested in understanding the forces that move economies and markets, subscribe for new deep dives each week.
#Geopolitics #SaudiArabia #Vision2030 #TheUntoldEconomy
*Meta Tags:* saudi arabia economy, saudi economic crisis, vision 2030, vision 2030 explained, saudi arabia oil dependency, can saudi arabia survive without oil, why is saudi arabia diversifying, saudi unemployment crisis, mbs economic reform, neom megaproject, resource curse, dutch disease economics, petrostate diversification, gulf economy, oil demand peak, public investment fund saudi, saudization policy, middle east economics, the untold economy, saudi arabia 2024
Информация по комментариям в разработке