The blessed and the not-so-blessed economies
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The article discusses the transition in the world economy and the emergence of new players. It highlights the impact of wars and conflicts on economies and business sentiments, particularly in the Middle East. The article also examines the role of natural resources in economic development, using examples of countries like Singapore and Switzerland that have achieved sustainable growth despite limited resources. It mentions Saudi Arabia's efforts to diversify its economy away from oil dependence through Vision 2030. The article emphasizes the importance of knowledge and human resources in driving economic growth and innovation. Overall, it suggests that individual responsiveness and the ability to think outside the box are key to sustainable success in the changing global economy.
#WorldEconomy #EmergingEconomies #Wars #MiddleEast #OilDependence #Diversification #KnowledgeEconomy #HumanResources #SustainableSuccess
https://www.brecorder.com/news/40298477