UAE and Qatar are doing quite well. Oman, Kuwait, SA, Brunei maybe not so much but there are obviously various socio-economic causes for that. I wouldn’t necessarily classify them as shitholes, though (as long as you are a male citizen at least..)
No other countries are comparable.
To be fair I think a good counterpoint is Denmark, they are doing about as well as Norway despite not having such massive amounts of oil. So surely Norway is underperforming despite the fact that they had a massive head start?
Norway won the lottery, sure they invested their winnings instead of wasting them but they are still playing on easy mode, you can count the number of countries which could have done the same with your fingers.
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UAE and Qatar are doing quite well. Oman, Kuwait, SA, Brunei maybe not so much but there are obviously various socio-economic causes for that. I wouldn’t necessarily classify them as shitholes, though (as long as you are a male citizen at least..)
No other countries are comparable.
To be fair I think a good counterpoint is Denmark, they are doing about as well as Norway despite not having such massive amounts of oil. So surely Norway is underperforming despite the fact that they had a massive head start?
Norway won the lottery, sure they invested their winnings instead of wasting them but they are still playing on easy mode, you can count the number of countries which could have done the same with your fingers.