Steady reform, heady politics
Arabia Monitor Monthly
The MENA region is well versed in political transitions and administrative turnovers. This month’s story is no different. Bursts of democracy tasted by various regional players over the past couple of decades are starting to fade. Indeed, familiar (and not altogether unwelcome) faces are returning. The Shia Muslim cleric Moqtada Sadr can now tighten his grip on power in Iraq, while the return of Saif al-Islam Gaddafi to Libya’s political scene is stirring up memories of a more stable era. Elsewhere, military strongmen are stealing the limelight; Sudan’s recent coup suggests the country’s transition to civilian rule may have been a fanciful ideal. This month:
- We discuss what to expect in the run-up to elections in Libya, as well as what we may see following forceful and ostensibly democratic political transitions in Sudan and Iraq, respectively.
- How the region’s markets remain on track, with the latest IMF data showing that MENA players are set to meet their growth targets. Thanks are owed to the oil market’s recovery, with prices this week reaching a record high of USD 85 pb.
China’s growth decelerated to 4.9% this quarter, compared with its previous 7.9% QoQ growth. Factors which impact China’s growth are likely have far reaching implications for the MENA region, as well as Sino-MENA trade and investment relations in the coming quarters.
Florence Eid-Oakden, Ph.D, Chief Economist
Leila Lajevardi, Mingqiao Zhao, Abdelgadir Shukri, Olivia Philipon, Analysts
Arabia Monitor’s MENA Monthly publication provides a timely snapshot of most notable recent developments in the dynamic MENA region. Our analysts get past the news to deliver the core, forward looking conclusions that markets-oriented readers look for.
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