Tag vision 2030

Populism in Retreat? Energy Liberalization and Reform in Mexico and Saudi Arabia – Part II

In this two-part series, authors Seth Clare and Samer Mosis explore how low oil prices spurred energy reforms in Mexico and Saudi Arabia, and provided them with an incidental vaccine to the populist contagion infecting more diversified, developed economies. While such reforms will likely be painful for many in the short-term, they concede that the long-term economic growth these changes will support are well worth their costs.