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Why The Gulf States Need To Keep Building Big Dumb Mega Projects | Economics Explained
- Published_at:2022-10-11
- Category:Education
- Channel:Economics Explained
- tags: economics economics explained saudi arabia saudi arabia line city neom city saudi arabia neom the line megaprojects uae qatar
- description: Take advantage of this special offer you can only get on my channel. To start your 7-day trial today go to https://trends.co/economicsexplained/ Saudi Arabia, Qatar, the UAE and other oil rich Middle Eastern states have announced plans to collectively invest trillions of dollars in new megaprojects, the most extreme of which is Saudi Arabia's $1 trillion 170km skyscraper called The Line. Why are these countries spending so much on mega projects and does it make any economic sense? 0:00 - 2:33 Intro 2:34 - 3:23 Trends 3:24 - 6:06 Dutch disease 6:07 - 10:25 Rybezynski's theorem 10:26 - 11:49 Dependence on oil 11:50 - 12:48 Norway example 12:49 - 13:50 Sovereign wealth funds 13:51 - 16:10 Mega projects 16:11 - 17:19 Tourism 17:20 Attracting businesses ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → hello@economicsexplained.com 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Instagram → https://www.instagram.com/economicsexplainedoffical/ Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx #EconomicsExplained #saudiarabia #neom #theline #Economics #Explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas
| ranked in date | views | likes | Comments | ranked in country (#position) |
|---|---|---|---|---|
| 2022-10-13 | 516,412 | 17,223 | 1,617 |
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