The Saudi Spring?
With Saudi Arabia's political influence diminishing, and its oil wealth set to wane in the coming years, the country seems destined for national decline. But there is another possibility: a more representative political system, together with strong economic incentives, could unleash the young population’s creativity and dynamism.
LONDON – In the early 1970’s, Saudi Arabia’s King Faisal reportedly confided to senior members of the royal family his fear that, just as in a single generation the country had moved from “riding camels to riding Cadillacs….the next generation could be riding camels again.” His warning seems more apt than ever.