Your Monday morning coffee briefing from TFG. Economies around the world continue to open up in support of generating economic activities, limited by social distancing restrictions.
With Vision 2030, Saudi Arabia has embarked on the boldest model of economic and social reform anywhere in the world. TFG spoke to SABB about this transformation in raising the Kingdom’s non-oil trade from 16% to 50% of GDP.
Sudden changes to the economy are often to referred to as ‘shocks’ in economics. There are internal – Endogenous – and external – exogenous Shocks. They are defined as a… read more →
Globalisation is present everywhere. For example, oil is exported from Saudi Arabia onto Taiwan. Once in Taiwan, the oil is refined into ethylene – plastic pellets. They are then shipped… read more →