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How Brunei Built the Laziest Economy in the World

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Content provided by Economics Explained. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Economics Explained or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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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.

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229 episodes

Artwork
iconShare
 
Manage episode 379454001 series 2780780
Content provided by Economics Explained. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Economics Explained or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

229 episodes

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