Thursday, 4 September 2008
Saudi Arabia: Getting the House in Order(HBS Case 9-702-031)
"Saudi resembles Japan"
Because of huge public debt(exceeding its GDP), Saudi Arabia has been force to change their economy from oil-dependent to non-oil-economy. However, this reform wanted a lot of changes in not only economic system but also social system such as custom of Islam. This is a essay of such “Changing Saudi Arabia”.
This article, because it is HBS Case, characterizes Crown Prince Abdullah―leadership of the reform―is good person, and traditional Muslim―opposite of the reform―are bad. However, this is a view of economics or “Westernize culture”, so in Muslim’s view, the situation may be reverse.
I am Japanese, and Japan sometimes said as“mysterious country” because of its closeness, got same feeling by this case to economic reform of Japan. In Japan, it is easy to design good reform or reasonable system, and there are a lot of wonderful ideas, but it is quite difficult to realize them. Why? No one knows. But I think Japan has original sense of value alike Saudi Arabia, and this disturbs some reforms or changes, and makes “mysterious country”.
(URL:http://www.aii-t.org/j/saudi/files/saudi_japan.gif)
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