Financial Times FT.com

Bahrain spurred into economic change

By Simeon Kerr in Bahrain

Published: February 21 2008 17:48 | Last updated: February 21 2008 17:48

Bahrain’s crown prince aims to revive the country’s stalled economic reform process following a public warning from his father, King Hamad, that government officials resisting change will be swept aside.

Sheikh Salman bin Hamad al-Khalifa has since 1999 helped implement sweeping political and constitutional changes centred on raising living standards, by rooting out institutionalised corruption, building modern institutions and transforming the government into a regulator by divesting state assets.

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