Voternomics

30: Everything You Thought You Knew About Saudi Arabia Is Wrong

Yes, women in Saudi Arabia know how to drive. They can vote, at least in local elections. And every Saudi citizen, men and women, may be about to see the end of generous, oil-driven subsidies that explain a lack of income taxes and utility costs so low as to be practically free. Change is coming to the House of Saud -- and it's accelerating as the most destructive crash in oil prices in a generation forces the Kingdom's rulers to reset the economy.See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

This famously is the year of elections. So the Stephanomics feed has been taken over by our bonus series, Voternomics. It’s a weekly look at the way geopolitics - and elections - are upending the longstanding assumptions of policymakers and business people around the world. Hosted by Stephanie Flanders, head of Bloomberg Economics and former  BBC economics editor, former government advisor Allegra Stratton and Opinion columnist and author Adrian Wooldridge.