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    oil-rich economies

    Explore "oil-rich economies" with insightful episodes like and "How Brunei Built the Laziest Economy in the World" from podcasts like " and "Economics Explained"" and more!

    Episodes (1)

    How Brunei Built the Laziest Economy in the World

    How Brunei Built the Laziest Economy in the World
    LinkedIn Jobs helps you find the qualified candidates you want to talk to, faster. Post your job for free at ⁠⁠https://www.linkedin.com/ee⁠⁠. Terms and conditions apply. Brunei is a welfare state, where the government basically pays for everything from national defence to schools, energy to heavily subsidised housing. But their oil reserves are running out and they aren't diversifying their export industry quickly enough to prepare for the day when they no longer have a free lunch.