The Impact of the Coronavirus Pandemic on the Socioeconomic Future of Young Saudis

Abstract

Abstract The 2020 coronavirus (COVID-19) pandemic has wreaked havoc with national economies globally. In Saudi Arabia, the combination of the pandemic’s ramifications coupled with low oil prices had an immediate negative impact on the Saudi economy as well as jeopardising the future plans of many young nationals. Yet, in a country with approximately 60% of the population under 30 years of age, many of whom are increasingly well-educated, constructive youth engagement is a necessity for the socioeconomic development of Saudi Arabia. The fallout from the pandemic could hinder this development as well as exacerbating existing socioeconomic problems for young Saudis, in particular employment issues. This paper considers to what extent the impact of the pandemic has changed mentalities and attitudes amongst young Saudis towards education, employment, and social interactions. In sum, the paper argues that because of the effect of the coronavirus pandemic on the Saudi socioeconomic environment, a renegotiation of the social contract will be necessary.