Arab Donors' Early Response to the Arab Spring

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 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.

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Bibliographic Details
Main Author: Rouis, Mustapha
Language:English
en_US
Published: World Bank, Washington, DC 2012-07
Subjects:ADJUSTMENT, AID, AID AGENCIES, AID COORDINATION, AID FINANCING, AID FLOWS, BILATERAL AID, BILATERAL DONORS, COMMODITY, CURRENT ACCOUNT BALANCES, DEVELOPING COUNTRIES, DEVELOPMENT ASSISTANCE, DEVELOPMENT BANK, DEVELOPMENT FINANCE, DEVELOPMENT FINANCE INSTITUTIONS, DISBURSEMENT, DISBURSEMENTS, ECONOMIC CRISIS, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, FINANCIAL CRISIS, FINANCIAL INSTITUTION, FINANCIAL INSTITUTIONS, FINANCIAL SUPPORT, FOOD AID, HIPC, HUMANITARIAN ASSISTANCE, IMPORTS, INCOME, INSTITUTIONAL FRAMEWORK, INTERNATIONAL AID, INTERNATIONAL DEVELOPMENT, INVESTMENT PROJECTS, LEVEL OF COMMITMENT, MONETARY FUND, NONGOVERNMENTAL ORGANIZATIONS, OIL PRICES, OVERSEAS ASSISTANCE, OVERSEAS DEVELOPMENT ASSISTANCE, PLEDGES, REGIONAL DEVELOPMENT, REGIONAL DEVELOPMENT FINANCE, RESULT, RESULTS, SOCIAL DEVELOPMENT,
Online Access:http://documents.worldbank.org/curated/en/2012/07/16795754/arab-donors-early-response-arab-spring
https://hdl.handle.net/10986/16170
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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.

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