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Preparing for a Post-Oil Bruneian Economy

Preparing for a Post-Oil Bruneian Economy


Brunei should take precautions to prepare for a post-oil economy. Three policy recommendations outlined in this article include the gradual re-introduction and re-imposition of income taxes, the switching of private motor usage to public transport, and to produce an open-border, passport-less immigration policy to drive up the population and market base. These policies are not necessarily popular nor will they help political score points in the short-run, but they are nonetheless policies that require immediate careful attention if we are ever to prepare Brunei in the post-oil era. Continue reading

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