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Examining the negative effects on the economies of oil-exporting Arab countries as a result of the current imbalance in the international monetary system, this paper finds that the imbalance is mainly represented in the continuation of the dollar as the central reserve currency of the Gulf States. As long as this imbalance exists, it postulates, the surpluses achieved by these countries in their balance of foreign payments ends up as dollar-denominated reserves deposited in the US government treasury or as US bonds. In other words, as loans countries with financial surpluses Gulf States give to the richest economy in the world in return for meager interest rates instead of investing them in high-yielding productive projects that could increase demand in the global economy, drive up employment rates, and help protect against crises and instability. This study aims to start a debate about the need for the Gulf countries to take part in efforts to reform the international monetary system, and join developing nations that spend on infrastructure and sustainable development instead of on defense. This paper sees such a move as ensuring that the Gulf States would then participate in reforming global governance and the development of the international monetary system. Gulf countries should seriously consider joining the New Development Bank and the Asian Infrastructure Bank, as well as establish a trans-regional bank between Asian and Arab countries, as a more advanced step.

Book Title: Syria’s Via Dolorosa to Freedom: An Attempt at Contemporary History [Arabic]

Brazil is considered a rising power in the world order of the post-Cold War era, and some see it as an emerging middle power. Several motives and caveats drive Brazil’s stance vis-à-vis the Arab Spring revolutions. Brazil decided not to get involved in the affairs of the Arab world and carefully observed the internal developments in Arab countries and the role of some intervening foreign powers. It also reiterated that the West’s military intervention in the affairs of Arab countries is selective and causes more harm than good. Brazil’s reactions varied, as did its stances and ways of addressing the Arab revolutions. The paper explores and analyzes the conflicting Brazilian reactions and assesses the factors behind the different views. It also mentions some expected outcomes of the Brazilian stance and the possible repercussions on Brazil’s international role and economic interests in the Arab region.

Title (original): Transformed by the People: Hayat Tahrir Al-Sham's Road to Power in Syria.

​A one-day academic symposium hosted by the Arab Center for Research and Policy Studies will bring together experts from Russia, the Arab world and the region to examine Moscow’s latest military intervention in Syria, on Saturday, October 24, 2015. While Russia’s decision to intervene directly in the conflict in Syria comes as the culmination of more than four years of diplomatic and military support for the Assad regime, the move by the Kremlin to deploy its military forces has come as a surprise to many observers, becoming a turning point not only in the militarized revolution within Syria, but also in the broader Middle East and indeed in a larger global arena. To better study the circumstances which gave rise to the Russian maneuver and the outcomes likely to result from it, the Arab Center for Research and Policy Studies will convene “Russian Military Intervention in Syria: Motives, Objectives and Repercussions”. In the highly volatile climate which the Middle East is presently witnessing, selected participants at the meeting will be asked to examine the fallout of Russia’s actions on the future stability of the region.

The Gulf states, collectively and individually, no longer enjoy the luxury of stability and security they did over the three decades that preceded the outbreak of the Arab Spring. The Gulf Cooperation Council (GCC) now faces new kinds of threats more serious than any since the fall of the Saddam Hussein regime at the hands of American forces in 2003. Notably, to date the GCC States have been among the states that have benefited most from the fall of dictatorial regimes in countries such as Egypt, Libya, and Tunisia. The UAE, for instance, has benefited in particular, becoming the favored destination for direct foreign investment in the region. The growing spread of regional instability however has created what could be called an unstable backyard for the Gulf, as its security and stability is threated in unprecedented fashion on a number of fronts, locally, regionally, and internationally. The GCC states must therefore adjust and change their political and strategic practices and policies so as to become more capable and more flexible in confronting and managing conflicts and crises. Ultimately, it is not just their security which is under threat but their very existence.

This study assesses the discipline of International Relations in the Arab World, first by characterizing its current state-of-affairs and considering its challenges, then exploring its transformations. The study is based on a purposive sample of IR professors at Arab universities with faculties or departments teaching political science and IR. To survey the discipline by way of this sample, a three-part questionnaire was devised. The first section explores IR teaching at Arab universities; the second sheds light on the research interests of specialists in the field and their theoretical and practical orientations with regard to the study of international relations ir phenomena; and the third considers Arab academic institutions and knowledge production in the field.

This report highlights some of the major milestones of the Arab democratic transition. The countries covered include Tunisia, Egypt, Libya and Yemen.

La Fabricaccion de l’ennemie [Translated into Arabic]

In his paper Yilmaz reviews the main events since Turkey’s June 2015 elections prior to the rerun in November, the main results of the elections, the factors behind the result, and the implications of this for Turkish domestic and foreign policy.