Albanian reform may pick up now PSSh rules alone

2017 ◽  
Keyword(s):  
Justice System ◽  
Prime Minister ◽  
Socialist Party ◽  
Foreign Investors ◽  
Content Type ◽  
Parliamentary Elections ◽  
Political Scene

Subject The post-election political scene. Significance The incumbent Socialist Party of Albania (PSSh) under Prime Minister Edi Rama won parliamentary elections held on June 28. This result ensures a broad continuation of the previous government's reformist and integrationist policy stance. Impacts Although PSSh has a parliamentary majority, it will have to cohabit with an opposition president after July 24. Reform of the justice system, found in a survey to top the list of citizens' wants, would improve Albania's image for foreign investors. Rama will continue championing the rights of ethnic Albanians in periodic confrontation with Slav populations in regional states.

Mongolia mine move raises nationalisation fears

2017 ◽  
Keyword(s):  
Prime Minister ◽  
Public Support ◽  
The State ◽  
Russian Government ◽  
Mining Company ◽  
Foreign Investors ◽  
Content Type ◽  
Parliamentary Elections ◽  
Main Obstacle ◽  
The Government

Subject The sale of the Erdenet mine. Significance The day before parliamentary elections in June last year, Prime Minister Saikhanbileg Chimed announced the sale of 49% of shares held by the Russian government in the Erdenet Mining Corporation and the Mongolrostsvetmet mining company to Mongolia Copper Corporation, an unknown private Mongolian company. Subsequent parliamentary inquiry concluded that the sale was unconstitutional and the government ordered the shares transferred to the state on February 16 this year. The government’s actions received wide public support while polls reveal that the electorate views corruption as the main obstacle to Mongolia’s development Impacts Talk of 'nationalisation' in the Western media threatens to derail Mongolia's efforts to fix its image and attract foreign investors. The unusual circumstances of the sale raise suspicions of corruption and collusion between Mongolia's previous government and largest bank. The new government's will to scrutinise sale demonstrates the strength of Mongolia’s democracy.

Venezuela's Maduro gains breathing space, for now

2015 ◽  
Keyword(s):  
Selection Process ◽  
Socialist Party ◽  
Bolivarian Revolution ◽  
Content Type ◽  
National Assembly ◽  
Parliamentary Elections ◽  
Popular Support ◽  
Broad Base ◽  
Breathing Space ◽  
The Government

Significance The party base of the ruling United Socialist Party of Venezuela (PSUV) began the process of nominations for primaries that will be convened in June to select candidates for the 2015 National Assembly elections. The government enters the selection process on the back of a rise in popular support catalysed by perceived US aggression and Maduro's strong anti-imperialist narrative. Impacts The broad base of the PSUV nominations process contrasts with MUD plans, fuelling doubts over MUD divisions. Chavista 'battle units' will nominate four candidates, a strategy that is boosting waning enthusiasm for the Bolivarian Revolution. The primaries process strengthens the government's commitment to the parliamentary elections, the date of which has yet to be set.

Thai charter vote foreshadows post-transition politics

2016 ◽  
Keyword(s):  
Democratic Party ◽  
Political System ◽  
Prime Minister ◽  
Status Quo ◽  
The Political ◽  
Content Type ◽  
Parliamentary Elections ◽  
Authoritarian State ◽  
The Status ◽  
The Military

Subject Outlook for the post-transition political system. Significance The August 7 constitutional referendum will be conducted under tightened controls on political organisation, making a 'yes' vote more likely. Although the Democratic Party criticises the draft for its attempt to return Thailand to a semi-authoritarian state, efforts by deposed former Prime Minister Thaksin Shinawatra's 'red-shirt' supporters to organise protests offer the only real opposition to the junta's plan. This struggle foreshadows the political system that is likely to emerge after the next parliamentary elections. Impacts Regulatory risk to investors post-transition would be limited: the military, the Democrats and the PTP are pro-business. China will not alter the status quo in its Thai relations, but will need to invest in building ties with the next monarch. Washington will tolerate most eventualities, except a violent crackdown against the military's opponents.

Budget gains may mask Serbia's slow structural reform

2016 ◽  
Keyword(s):  
Income Tax ◽  
Prime Minister ◽  
Central Government ◽  
Focal Point ◽  
Just In Time ◽  
Content Type ◽  
Parliamentary Elections ◽  
Finance Minister ◽  
To Come ◽  
Progressive Party

Significance The cabinet enters office just in time to host a fresh visit from the IMF, expected later this month. Despite another landslide victory in parliamentary elections on April 24, Prime Minister and Serbian Progressive Party (SNS) leader Aleksandar Vucic has been in no rush to form his next government. With parliament dissolved in early March, this has been a wasted year for reforms, economic or other. The next government must start working effectively if it is to make up for this, even partly. Impacts Dusan Vujovic, confirmed as finance minister, will remain the focal point for implementing the SBA. A new law on financing local government is likely to be adopted in late August or early September. This will transfer a portion of revenues from income tax from local authorities to the central government. The new government will need to come up with a less ambitious plan for public sector redundancies in 2016 and 2017.

Opposition boycott tactics are destabilising Albania

2017 ◽  
Keyword(s):  
Political Institutions ◽  
Democratic Party ◽  
Prime Minister ◽  
Socialist Party ◽  
Political Crisis ◽  
The Political ◽  
Content Type ◽  
Eu Integration

Significance The governing Socialist Party (PSSh) under Prime Minister Edi Rama is expected to win again. This implies policy continuity by what has hitherto been a successful reformist government. However, the decision by the opposition Democratic Party (PDSh) to boycott the elections creates significant uncertainty about the process and aftermath. Impacts PDSh’s boycott of parliament is blocking the completion of judicial reforms that require approval by a two-thirds majority of deputies. A PDSh boycott of elections would constitute a failure of political institutions and halt Albania’s progress towards EU integration. Disenfranchising a large constituency would escalate the political crisis and could lead PDSh supporters to resort to violence.

Indian attempts to curb media may deter investors

2016 ◽  
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Prime Minister ◽  
Freedom Of Speech ◽  
Political Climate ◽  
Foreign Investors ◽  
Content Type ◽  
The Media ◽  
Media Censorship ◽  
Central Level

Subject Media censorship in India. Significance The media represents one of the fastest-growing sectors of the Indian economy and Prime Minister Narendra Modi has striven to increase foreign direct investment (FDI) from the estimated 4.3 billion dollars in 2016 and 4.0 billion dollars in 2015. Yet potential investors may be wary of the difficult political climate currently surrounding the industry, as indicated by the recent case of NDTV, whose Hindi-language service was threatened with a 24-hour ban by the broadcasting authorities. Impacts Prospective foreign investors risk becoming involved in legal battles over freedom of speech. Firms advertising on television and in print could be affected by such battles. Media freedoms will be tested at both the regional and central level.

Spain's new government may be unstable and ineffective

2016 ◽  
Keyword(s):  
Economic Growth ◽  
Prime Minister ◽  
Socialist Party ◽  
Content Type ◽  
Policy Initiatives ◽  
Minority Government ◽  
Social Tensions ◽  
Spending Cuts ◽  
Parliamentary Support

Significance His parliamentary approval only succeeded thanks to abstentions by the Socialist Party (PSOE). He will now form a minority government with the weakest parliamentary support for any prime minister since competitive elections returned to Spain in 1977. Impacts Tax rises, possibly in combination with spending cuts, may trigger a revival of social tensions. In the absence of major policy initiatives, economic growth is likely to slow down in 2017. Rajoy's dependence on PSOE and Citizens collaboration to pass a budget for 2017 by end-November will give them some leverage.

Algerian army will try to guard fiefdom in transition

2019 ◽  
Keyword(s):  
Prime Minister ◽  
Political Process ◽  
Energy Sector ◽  
Military Leadership ◽  
The Political ◽  
Foreign Investors ◽  
Content Type ◽  
Constitutional Order ◽  
Formal Power ◽  
The Military

Significance The military leadership has seized control of the political process, but has shown little interest in assuming formal power, often demonstrating sympathies with protesters while preserving the constitutional order. Impacts The prime minister and interim president may be pushed to quit as a concession. Elections planned for July 4 may be postponed if unrest grows. The economy may suffer as tourism will decline and foreign investors will hesitate to become involved in an uncertain energy sector.

Likely Israeli coalition will quickly step up spending

2020 ◽  
Keyword(s):  
Prime Minister ◽  
Religious Right ◽  
The Political ◽  
Equal Division ◽  
Content Type ◽  
The Government ◽  
Political Scene

Subject Composition and agenda of a likely unity government. Significance De facto opposition leader Benny Gantz on March 26 agreed to enter a coalition with incumbent Prime Minister Binyamin Netanyahu. The government, terms for which have yet to be finalised, would end the political deadlock that three back-to-back elections failed to break. Although the prospective coalition will enjoy a Knesset majority of at least 75 seats, it will also cover a wide and awkward ideological spectrum. Impacts Netanyahu will remain the dominant figure on the political scene for another 18 months, if not beyond. Equal division of portfolios between Blue and White and religious-right parties will mean a more moderate government than the previous one. Gantz’s decision has split his party and leaves the centre-left weaker and more divided than ever. The new coalition will address issues that have been put on hold during the extended interregnum and restore normal government functioning.

Italy's Renzi set to continue political reform drive

2015 ◽  
Keyword(s):  
Democratic Party ◽  
Prime Minister ◽  
Electoral System ◽  
Local Elections ◽  
Institutional Reforms ◽  
Content Type ◽  
Market Turbulence ◽  
Italian Politics ◽  
The Right ◽  
Political Scene

Subject The Italian political scene ahead of the May 31 regional and local elections. Significance Prime Minister Matteo Renzi of the centre-left Democratic Party (PD) has consolidated his political authority in his party and parliament. The balance of political power has shifted in favour of the left. Renzi has made progress on institutional reforms, most notably of the electoral system, that promise to enhance Italy's longer-term governability. Renzi's strengthened political position, the current relative stability of Italian politics and the prospect of more authoritative Italian governments in future would all provide Italy some insulation in the event of renewed financial market turbulence prompted by a Greek default. Impacts Renzi currently stands out as the left's most successful leader of a major EU state. Italian reformers seeking to consolidate party leadership authority and simplify decision-making have generally come from the right. Renzi has made more progress in these areas than former centre-right Prime Minister Silvio Berlusconi achieved. If Renzi secures his planned reform of the Senate, as seems likely, it would further boost both Renzi and Italy's governability.

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