Gulf states keep winds of change at bay – but for how long?
Bahrain elections (Source: @bna_ar) By James M. Dorsey Oil wealth and demographics have so far largely shielded a majority of the six Gulf Cooperation Council members from the brunt of the Arab revolt sweeping the Middle East and North Africa, but have hardly insulated them from the winds of change. Saudi Arabia, Kuwait, the United Arab Emirates and Qatar have until now successfully sought to ring fence themselves by supporting Bahrain's brutal squashing earlier this year of mass anti-government protests, bankrolling Oman, splashing billions of dollars on social spending at home and banking on the fact that a majority in the Gulf prefers reform to revolt and the fears of nationals of the smaller Gulf states that public protest would open a Pandora's box with expatriate majorities putting forward demands of their own. The measures are likely to at best buy the Gulf states time. Their ring fencing strategy is threatened both from within the GCC as well as by the revolt else...