How did economic and political reforms in the early 1990s help Kenya achieve its position as the economic, financial, and transportation hub in sub-Saharan Africa? A countrys political system shapes its economic and legal systems. Discuss the different types of political systems, how they are reflected in a countrys economic and legal systems, and what they mean for companies doing business in those countries. A democratic political system is an essential condition for sustained economic progress. Discuss. Current plans for Saudi Aramco call for the state-owned oil company to be privatized. An initial public offering (IPO) is tentatively scheduled for 2021. What are the potential benefits to Saudi Arabia of privatizing Saudi Aramco? Is there a downside?