Saudi Arabia’s job policy that needs change | GulfNews.com:
"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 UAE — they present these countries with an important opportunity to consider more productive ways to organise their societies.
It seems that Saudi Arabia has embraced this challenge. The long-time oil minister was replaced, soon after the Kingdom issued its Vision 2030 plan for ensuring sustainable long-term growth. The plan has been both hailed and criticised for its ambition, exemplified by the goal of turning the Kingdom into the world’s 15th largest economy over the next two decades — an economy characterised by its skilled labour force, open markets, and good governance."
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