Arab Donors' Early Response to the Arab Spring
The World Bank's 2010 study, Arab Development Assistance: four decades of cooperation, and the subsequent note, Arab donors respond favorably to the global financial crisis (Rouis 2011), showed that the three Gulf countries - Kuwait, Saudi Ara...
| Main Author: | |
|---|---|
| Format: | Brief |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2013
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2012/07/16795754/arab-donors-early-response-arab-spring http://hdl.handle.net/10986/16170 |
| Summary: | The World Bank's 2010 study, Arab
Development Assistance: four decades of cooperation, and the
subsequent note, Arab donors respond favorably to the global
financial crisis (Rouis 2011), showed that the three Gulf
countries - Kuwait, Saudi Arabia, and the United Arab
Emirates (UAE) have provided generous aid financing over the
years. This paper, which extends the analysis to 2010 for
Arab overseas development assistance (ODA) and to 2011 for
the assistance provided by the Arab regional financial
institutions, confirms that this generosity continues in the
wake of the global economic crisis and the events of the
Arab Spring movement. The paper shows that Arab assistance
has been responsive in addressing critical development and
humanitarian needs in developing countries. There are
preliminary indications that Arab donors and financial
institutions have made some adjustments in response to the
needs of the Arab countries going through the unprecedented
political transition sparked by the Arab Spring. Arab donor
countries and financial institutions have responded
favorably and promptly during the global economic and
financial crisis. Their increased assistance to countries
affected by the Arab Spring has yet to materialize beyond
the stage of pledges and commitments. |
|---|