Challenges | ・ Labor market challenges o Nationalization policies o Dominant public sector o Differences of working conditions between public and private sectors ・ Lack of competitiveness ・ Lack of infrastructure for research and development ・ Lack of skilled workers ・ Education system ・ High regulation |
Opportunities | ・ Young population ・ Governments’ support for entrepreneurs ・ Prospected liberalization of banking system ・ Existence of resources and conditions that may lead to comparative advantage in non-oil sectors ・ Centrally planned but market friendly policies |