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(Foreign Policy) Robin M. Mills - Widely assumed to be a fabulously wealthy welfare state, Saudi Arabia is in fact an economic basket case waiting to happen. Growing efficiency, demographics, and alternatives mean that OECD oil demand is probably in a slow, long-term decline, while non-OPEC supply is proving more robust than expected. 2011-08-30 00:00:00Full Article
See also The Kingdom of Magical Thinking
(Foreign Policy) Robin M. Mills - Widely assumed to be a fabulously wealthy welfare state, Saudi Arabia is in fact an economic basket case waiting to happen. Growing efficiency, demographics, and alternatives mean that OECD oil demand is probably in a slow, long-term decline, while non-OPEC supply is proving more robust than expected. 2011-08-30 00:00:00Full Article
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