Summary This PEST country analysis report on Bahrain provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis.
Key Highlights - The political landscape section discusses the evolution of the political scenario in Bahrain, as well as the country’s economic, social, foreign, and defense policies. The section also discusses the country’s performance according to World Bank Governance Indicators. - The economic landscape section outlines the evolution of Bahrain’s economy, as well as the country’s performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment." - The social landscape section analyzes the government’s social welfare policies, as well as the country’s performance in terms of healthcare, income distribution, and education.
Scope - Understand the political system in Bahrain through analysis of key figures in the country and governance indicators. - Understand the economic situation in Bahrain through a balanced assessment of core macroeconomic issues. - Understand customer demographics in Bahrain through analysis of income distribution and the rural-urban split, as well as healthcare and education. - Understand the technological landscape in Bahrain through analysis of relevant laws and policies, as well as patents data.
Reasons to buy - What is the outlook in Bahrain in terms of political stability, policies towards business, and the popularity of the government? - How does Bahrain perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment? - How does Bahrain perform in terms of healthcare, income distribution, and education? - How does Bahrain perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends?
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GDP growth is forecast to slow to 2.6% this year from 3.7% in 2017, weighed down by a 3.6% contraction in the oil sector and a deceleration in non-oil sector growth to 3.9% as project spending slows modestly. Over the medium term, we expect growth to average around 2.9% in 2019-21.
The ruling Al Khalifa family will remain in power throughout the forecast period, supported by its Gulf allies, namely the UAE and Saudi Arabia. However, the kingdom will face persistent social unrest, exacerbated by the resolute stance of the government against dissent. Sectarian tensions between the Shia majority and the...