Wednesday 11 December 2013

Distribution of Wealth in Saudi Arabia

Unequal distribution of wealth in the population of Saudi Arabia has been observed over the past years. There is a big gap between the poor and the rich to an extent that poor people queue long lines just to get water while their counterpart are swimming in wealth and going to vacations outside the Kingdom to other continent such as Europe and Asia. There are many indications that show the unclear distribution of wealth, among them is the big number of unemployed youth who have even attended different Universities in the kingdom to increase their chances of employment only to go and find a very un-competitive market because of high level of corruption. The government cannot handle or offer jobs to the big number of young graduates who prefer working in the public sector jobs because of added advantages such as health care.  Private sector does not offer healthy competition either since the companies are owned by individual who are out there to maximize their profit which led to them hiring cheap foreign labor.

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