Tuesday, 7 February 2012

Saudi Arabia Most Risky of Emerging Economies, Maplecroft Says - Businessweek

Saudi Arabia, the world’s biggest crude exporter, has the most uncertain political environment of 15 major growth economies including China and Russia, according to the founder of risk-assessment consultants Maplecroft.

The political peril this year in 12 of those nations is decreasing, while it is rising in Saudi Arabia, Turkey and Vietnam, Alyson Warhurst said at a conference in Dubai today. Saudi Arabia is the only country in the group which faces increasing short-term and long-term political threat, she said.

“Saudi Arabia faces three issues,” Warhurst said in an interview. “An educated and disgruntled youth buoyed by the success of the Arab Spring elsewhere, water and energy security, and general issues of oppression and the lack of political freedom.”

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