Saudi Arabia Country Risk Report - Business Monitor International - Industry Reports

Saudi Arabia Country Risk Report

Saudi Arabia Country Risk Report - Business Monitor International - Industry Reports
Saudi Arabia Country Risk Report
Published May 26, 2015
55 pages — Published May 26, 2015
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Abstract:

...The prestige of his lineage gives him a solid and extensive base of support among the senior princes and within the govern- ment bureaucracy, while his command of the interior ministry has granted him significant responsibilities. ...Moreover, the prince s prominent role in the Yemen campaign � he is in many respects identified as the public face of the Saudi-led intervention � leaves him vulnerable to a backlash in the event of any failure to achieve a favourable agreement. The campaign against Yemen s Shi a Houthi rebels has so far achieved none of its desired objectives, and while we see a move towards political dialogue between the warring factions as likely over the remainder of spring, we believe that Riyadh has few ways to turn the operation into a sustainable success. Continuity In The Domain Of Economic Policy: As evidenced by his wide-ranging cabinet reshuffles, Salman has proven himself to be a far more assertive figure than most observers expected. ...Saudi Arabia, backed by a nine-country coalition, first launched airstrikes against Yemen s Shi a Houthi rebels on March --, with the aim of halting the group s territorial advances and forcing it to enter political negotiations. Yet the campaign has so far achieved none of its desired objectives, leaving Saudi Arabia no closer to reinstalling the government of Yemeni

...core Views The replacement of Saudi Arabia s heir on April --, along with other major changes in the country s leadership, represent a further consolidation of King Salman s authority. That said, the elevation of the king s son as second in line to the throne is likely to prove a controversial choice, and could spark future instability. ...That said, the elevation of the king s son as second in line to the throne is likely to prove a controversial choice, and could spark future instability. The new king has quickly consolidated his authority over Saudi Arabia s economic policy apparatus, restructuring the country s ad- ministration and taking steps to improve the coordination of its vast public investment plans. That said, these changes have so far not greatly altered the economic policy line pursued by Saudi Arabia, and we retain our view that Salman will maintain his predecessor Abdullah s reforms and energy policies. ...

...Moreover, the coalition is coming under growing criticism from the US and the EU over the high level of civilian casualties caused by the air campaign: according to the UN, more than -,--- people have been killed in fighting in Yemen since late March, including more than --- civilians and --- children. Further airstrikes are unlikely to make a tangible difference to the balance of power on the ground in Yemen. ...As a result, we believe that a move towards political dialogue is more likely over the coming weeks. Saudi Arabia has al- ready taken steps in that direction, ending its initial military campaign � codenamed Operation Storm of Resoluteness � on April -- and announcing a shift to a new phase involving a greater political process (although this has so far made little difference to the frequency of airstrikes). On April -- Hadi appointed Khaled Bahah, a popular figure in Yemen, as his -- Business Monitor International Ltd www.bmiresearch.com ...

  
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Saudi Arabia Country Risk Report" May 26, 2015. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Saudi-Arabia-Country-Risk-Report-2026-1723>
  
APA:
Business Monitor International - Industry Reports. (2015). Saudi Arabia Country Risk Report May 26, 2015. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Saudi-Arabia-Country-Risk-Report-2026-1723>
  
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