Publication: Arab Donors Respond Favorably to the Global Financial Crisis
Date
2011-08
ISSN
Published
2011-08
Author(s)
Rouis, Mustapha
Abstract
The World Bank's 2010 study, Arab
Development Assistance: four decades of cooperation, showed
that Arab countries have been generous donors over the
years, particularly the three Gulf countries - Kuwait, Saudi
Arabia, and the United Arab Emirates (UAE) which represent
over 90 percent of total Arab aid provided by those
countries on which information is available. This paper
confirms that the generosity extends to the period of the
global financial and economic crisis. Arab Gulf countries
and regional financial institutions were responsive to this
new reality and collectively scaled up financial assistance
to address critical development and humanitarian needs in
developing countries.
Citation
“Rouis, Mustapha. 2011. Arab Donors Respond Favorably to the Global Financial Crisis. MENA Knowledge and Learning Quick Notes Series; No. 42. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/894daff9-6b27-5135-9a28-b784be7d1ee1 License: CC BY 3.0 IGO.”