The Gulf has emerged as the new leading player in the Arab world in the 21st century. However, the crisis has dealt a serious blow to the region’s economy and the prospects of integration. The GCC is undoubtedly the only part of the Middle East with the resources to mitigate rising political and economic pressures that afflict the region through increased and more efficient allocation of development funds and investments to foster job creation. To succeed, Gulf donors need completely to rethink their engagement in the region, moving away from merely facilitating loans and grants towards in-country development assistance programmes.
Strategic Influence, MENA, Gulf, GCC.