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The Arab World's ongoing security predicaments and restrained economic growth have produced a different set of challenges for the governments across the region. In an attempt to continue financing their projects, these governments have circumnavigated their sovereign wealth funds and government subsidy programs, and have turned to the issuance of bonds. This may ameliorate the financial concerns of the region, but it can also worsen the financial climate if economic growth stagnates.

How Arab States Are Learning to Stop Worrying and Love Debt by The Wilson Center on Scribd

About the Author

Michael Gordon

Michael Gordon

National Security Fellow,
Analyst, US Government
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Middle East Program

The Wilson Center’s Middle East Program serves as a crucial resource for the policymaking community and beyond, providing analyses and research that helps inform U.S. foreign policymaking, stimulates public debate, and expands knowledge about issues in the wider Middle East and North Africa (MENA) region.  Read more