Saudi Arabia Country Profile Research Paper Example | Topics and Well Written Essays - 1250 words

Saudi Arabia Country Profile - Research Paper Example The Saudi Arabian political spectrum is led by an absolute monarchy which is founded upon the principles of Islam. In the Kingdom of Saudi Arabia, the king is both the head of the government as well as the head of the state. It is relevant to public relations professionals to note that crucial decisions relating to the country, to a large extent, are formed only after consulting with religious leaders and senior princes of the royal family. Quran, the holy book of Islam, is considered to be the constitution of the country and the KSA is governed by the Islamic law Sharia. It is a key point to note that Saudi Arabia is an absolute monarchy even though the king is also required to abide by Sharia and the Quran according to the Basic Law of Saudi Arabia accepted by the royal decree in 1992. Quran and the Sunnah (the traditions of Muhammad) are central to KSA’s constitution and both remain subject to interpretation left to the powers of ulema, the country’s religious establishment. Neither political parties nor national elections are permitted in the country and the royal family dominates the government. According to the Democracy Index prepared by The Economist, Saudi Arabian government was rated as the seventh most authoritarian government among the 167 countries chosenii. Currently the Saudi government is led by the monarch King Abdullah bin Abdul Aziz. Saudi Riyal is the currency of KSA. Saudi Arabia’s economy is greatly dependent on its oil sector, and hence the country’s economy is often referred to as an oil-based economy. The Saudi government exercises strict control over its key economic activities. To justify its status as an oil-based economy, Saudi Arabia possesses nearly 18 percent of the world’s discovered petroleum reserves and the country has a dominant role in OPECiii. Currently Saudi Arabia is the world’s largest