The Kingdom of Saudi Arabia’s Vision 2030

by Dena Kleemeier

My family has worked for Saudi Aramco, a national petroleum and natural gas company based in Dhahran, Saudi Arabia for the past 16 years. In my time living in Saudi, I have experienced first hand the way in which the Kingdom uses/wastes their resources, providing oil to their citizens at a cheaper price than water, and subsidizing electricity to their populations. However with the decline in the price of crude (lost 67% of value since September 2014), the growing domestic oil demand of 7% per year, and the state of the environment, Saudi Arabia is in an awkward geopolitical situation, and is in need of comprehensive economic reform. Continue reading

Chinese Energy Security

by Ali Siddiqui

According to Yao and Chang (2015), China’s energy security has not improved over 30 years of reform. The authors aimed to understand why in a qualitative fashion, finding a critical component is China’s macroeconomic reform. By analyzing China’s energy security in this fashion, these researchers hope to broaden the perspective on the way developing economies in transition conduct research on their energy security. Continue reading