Paradise Spent

Kurlantzick, Joshua
May 2001
New Republic;05/21/2001, Vol. 224 Issue 21, p17
Focuses on the worsening economic condition in Brunei. Over-dependence of the economy on oil; Implication of the announcement of the government's Economic Council that the country's petroleum reserves will run out by 2025; View that Brunei also lacks an entrepreneurial class; Prodigal way of life of the sultanate's royals; Unemployment that is rising there; Inability of the country to diversify its economic activities; Criticism of the Sultanate since it has been unable to take effective steps to check the recession in the economy.


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