Centralised Saudi rule will help meet economic targets
Wednesday, March 15, 2023
Significance
The ruling Al Saud family historically cultivated support for their leadership by granting the wider royal family, business elites and religious clerics, access to economic and political influence. This stymied policy development. Since his succession to the throne on 2015, King Salman bin Abdulaziz moved to centralise decision-making and imposed heavy penalties for opposition.
Impacts
- Saudi Arabia will cultivate stronger economic ties with Russia and China while avoiding new tensions in relations with the United States.
- A possible new ceasefire in Yemen would enable Saudi Arabia to direct more resources and attention to domestic economic development.
- Saudi Arabia will attract further international sporting events to help improve its global image.
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