The Rising Gulf. The New Ambitions of the Gulf Monarchies

Mercoledì, 23 Settembre, 2015

edited by

Valeria Talbot

 

Over the last years the Gulf monarchies have emerged as assertive players both in the MENA region and in the global context. Relying on their huge energy reserves and financial assets, these states acquired increasing international leverage. On the one hand, the oil monarchies moved eastwards exploiting the opportunity provided by emerging Asian markets to diversify their energy relations and economic interests. On the other, in the wake of the Arab uprisings they adopted a more proactive approach that dramatically altered their influence in the region. Nonetheless, Gulf activism comes at a time when the monarchies are facing important internal and external challenges. 

In this complex puzzle, the report aims to assess to what extent the rising Gulf monarchies are able to play as key actors both at the regional and the international levels. Are these monarchies adopting sustainable domestic policies in the long-term? How have they extended their influence in the MENA region? How are they reshaping their international relations? How do they act in the world energy market? What are the implications of the Gulf’s new assertiveness for the EU?

 
Valeria Talbot, ISPI Senior Researcher and Head of the Mediterranean and Middle East Programme. She also is a Lecturer of Middle East History at IULM University in Milan.
 
The ISPI online papers are also published with the support of Fondazione Cariplo
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