Ian Bremmer, the Eurasia Group founder and a geopolitical expert, is voicing concern over Saudi Arabia in the short term. The kingdom could fail fierce competition in the global arena as an independent state.
In the recent interview to Bloomberg, Ian Bremmer noted Saudi Arabia’s economy entirely depends on employment of foreign workforce. Besides, Saudi nationals never focus their mind on how to increase productivity.
The Eurasia Group leader doubts that the kingdom is capable of withstanding global headwinds. He dares to assume that Saudi Arabia might fall apart as a sovereign state in the long term.
While Saudi residents have got used to lying on the couch for decades, employees from Bangladesh, Lebanon, the Philippines, and the UK contribute to the kingdom’s economic power.
This government approach could end up in a serious trouble. As long as the state budget has sufficient funds, the government can afford to hire foreign contractors. The thing is that Saudi Arabia’s culture does not require nationals to work. They have never aimed to ensure labor productivity.
Of course, the Saudis can make some efforts to change their mode of living and encourage the youth to work. However, they just lack skills at any work, Ian Bremmer said.
