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Podcast: Economics Explained
Episode: How Brunei Built the Laziest Economy in the World
Description: 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