Why is Brunei so poor?

This article is interesting: Poverty in Brunei I haven't been to Brunei, but in general I think, oil wealth of Brunei, Saudi Arabia, Qatar etc. is a two-edged sword. Yes, it means the government can finance free education, healthcare etc. read more

Poverty in Brunei. I haven’t been to Brunei, but in general I think, oil wealth of Brunei, Saudi Arabia, Qatar etc. is a two-edged sword. read more

Brunei is a wealthy country with an exceptionally high standard of living, just like Singapore, Monaco, the UAE, Bermuda (though its not independent). The GDP is only 122nd, but their population is less than 500 thousand. read more