One year into his reign, Oman’s sultan must renegotiate the social contract and prioritize diversification

Oman is set to run out of its current oil and gas reserves in less than two decades, a highly problematic estimation. Indeed, hydrocarbons — which are the sultanate’s top exports (see Figure 1) — funded major infrastructural, educational, and healthcare development in the 1970s and 1980s, and generated 68% to 85% of yearly government … Continue reading One year into his reign, Oman’s sultan must renegotiate the social contract and prioritize diversification