The heir to the Saudi throne just pushed through a bold package of reforms designed to free the kingdom from oil addiction by 2030. Here’s why it could backfire, badly. The Saudi royal family has gambled its prestige on a bold economic reform plan, meant to revive an economy battered by sharply lower oil revenues. But the prescriptions of “Saudi Vision 2030” are fraught with
Read MoreMismanagement Is Killing Iraq. By Luay al-Khatteeb* Forget corruption. Waste, inefficiency and economic distortion have brought Baghdad to the brink. Ever since Stuart Bowen led the first attempt to account for Iraqi reconstruction funds in mid-2004, it has been clear that Iraq hemorrhages money through corruption. Since then, things have got worse as last year the late Ah
Read MoreIraq's transition from autocracy to multiparty elections has made it something of a test case in the Arab world. Although the Sunni-Shia divide has created difficult obstacles to good governance, it has led to a wider embrace of power sharing, at least as a political principle. Iraq's Islamist parties play a dominant role in politics, but pose less of a threat to democracy th
Read MorePolitical and economic turmoil point to a protracted displacement crisis that will get worse before it gets better. As the Iraqi security forces began their assault on ISIS-controlled Fallujah, the city's remaining inhabitants were advised to flee. They will join the millions of Iraqis who have been displaced by conflict, adding to a crisis that merits much more attention th
Read MoreOne is no longer in the job, the other is almost out. Yet a rule that forces locals to hang portraits of senior politicians in their offices remains in force. Locals debate whether that is a good thing for democracy. A Hanging Offence: Iraqi Kurdistan’s Political History, As Told In Portraits Honar Hama Rasheed One is no longer in the job, the other is almost out.
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