Shifting gears. Some 90% of Saudi Arabia’s economy is dependent on oil. The world’s largest oil producer has announced an audacious plan to diversify its economy towards non-oil sectors such as manufacturing and services, even as it pumps up oil production in a fight for market share worldwide. How will the country achieve this feat? He Wenping of the Chinese Academy of Social Sciences, Jamal Khashoggi of Al-Arab News, and Afshin Molavi of Johns Hopkins University discuss Saudi Arabia’s economic future.
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