Download or read book The Impact of Business and Political News on the GCC Stock Markets written by Alanoud Al-Maadid and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the impact of business and political news on stock market returns in the Gulf Cooperation Council (GCC) countries. For this purpose, it employs a Markov switching model including a separate index for each of the two categories of news considered. The results indicate the importance of news as drivers of GCC stock returns, with business news playing a more substantial role; further, news released in the largest financial markets in the regions are found to have significant cross-border effects.

Download or read book Reflecting on the GCC Crisis written by David B. Roberts and published by Routledge. This book was released on 2022-03-16 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: In June 2017, Saudi Arabia, the UAE, Bahrain, and Egypt (the quartet) enacted a diplomatic, economic, and physical blockade of Qatar. Gulf politics has always been fractious, but this stunning political gambit took everyone – Qatari leaders, scholars, the international community – entirely by surprise. The quartet assailed Qatar with a litany of charges mostly relating to its support of a motley array of sub-state actors across the Middle East. However, few out with the quartet thought that Qatar’s purported crimes warranted such a unique and all-encompassing punishment. The blockade ended in January 2021 just as it began – out of the blue – without any obvious instigating factors. The puzzle of the Gulf blockade and its myriad impacts are examined in this volume, which benefits from certain distance. It builds upon early analyses to offer a range of crisp, insightful reflections, many based on new primary sources. The chapters take a multidisciplinary and diverse theoretical approach to the crisis. In this way, the blockade is evaluated from multiple novel angles presenting the most rounded analysis of one of the most surprising and impactful events in the contemporary diplomatic history of one of the world’s key strategic crossroads. The chapters in this book were originally published in the Journal of Arabian Studies.

Download or read book Money Markets and Monarchies written by Adam Hanieh and published by Cambridge University Press. This book was released on 2018-09-13 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: An original and empirically grounded analysis of the Gulf monarchies and their role in shaping the political economy of the Middle East.

Download or read book State space Models with Regime Switching written by Chang-Jin Kim and published by Mit Press. This book was released on 1999 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Both state-space models and Markov switching models have been highly productive paths for empirical research in macroeconomics and finance. This book presents recent advances in econometric methods that make feasible the estimation of models that have both features. One approach, in the classical framework, approximates the likelihood function; the other, in the Bayesian framework, uses Gibbs-sampling to simulate posterior distributions from data.The authors present numerous applications of these approaches in detail: decomposition of time series into trend and cycle, a new index of coincident economic indicators, approaches to modeling monetary policy uncertainty, Friedman's "plucking" model of recessions, the detection of turning points in the business cycle and the question of whether booms and recessions are duration-dependent, state-space models with heteroskedastic disturbances, fads and crashes in financial markets, long-run real exchange rates, and mean reversion in asset returns.

Download or read book Economic Diversification in the GCC written by Mr.Tim Callen and published by International Monetary Fund. This book was released on 2014-12-23 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: The economies of the six Gulf Cooperation Council (GCC) countries are heavily reliant on oil. Greater economic diversification would reduce their exposure to volatility and uncertainty in the global oil market, help create jobs in the private sector, increase productivity and sustainable growth, and help create the non-oil economy that will be needed in the future when oil revenues start to dwindle. The GCC countries have followed many of the standard policies that are usually thought to promote more diversified economies, including reforms to improve the business climate, the development of domestic infrastructure, financial deepening, and improvements in education. Nevertheless, success to date has been limited. This paper argues that increased diversification will require realigning incentives for firms and workers in the economies—fixing these incentives is the “missing link” in the GCC countries’ diversification strategies. At present, producing non-tradables is less risky and more profitable for firms as they can benefit from the easy availability of low-wage foreign labor and the rapid growth in government spending, while the continued availability of high-paying and secure public sector jobs discourages nationals from pursuing entrepreneurship and private sector employment. Measures to begin to address these incentive issues could include limiting and reorienting government spending, strengthening private sector competition, providing guarantees and financial support for those firms engaged in export activity, and implementing labor market reforms to make nationals more competitive for private sector employment.

Download or read book Impact of the Global Financial Crisis on the Gulf Cooperation Council Countries and Challenges Ahead written by Ms.May Y Khamis and published by International Monetary Fund. This book was released on 2010-07-21 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Departmental papers are usually focused on a specific economic topic, country, or region. They are prepared in a timely way to support the outreach needs of the IMF’s area and functional departments.

Download or read book Guide to Financial Markets written by Marc Levinson and published by The Economist. This book was released on 2018-07-24 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: The revised and updated 7th edition of this highly regarded book brings the reader right up to speed with the latest financial market developments, and provides a clear and incisive guide to a complex world that even those who work in it often find hard to understand. In chapters on the markets that deal with money, foreign exchange, equities, bonds, commodities, financial futures, options and other derivatives, the book examines why these markets exist, how they work, and who trades in them, and gives a run-down of the factors that affect prices and rates. Business history is littered with disasters that occurred because people involved their firms with financial instruments they didn't properly understand. If they had had this book they might have avoided their mistakes. For anyone wishing to understand financial markets, there is no better guide.

Download or read book Challenges of Growth and Globalization in the Middle East and North Africa written by Mr.Hamid R Davoodi and published by International Monetary Fund. This book was released on 2003-09-05 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.

Download or read book Accounting Finance and Taxation in the Gulf Countries written by W. Abdallah and published by Springer. This book was released on 2016-04-30 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on how multinational companies can plan and manage their international business in the Gulf countries. Important issues of accounting, auditing, finance, taxation, marketing, and managerial issues are covered in each of the selected Gulf countries.

Download or read book Dynamic Factor Models written by Jörg Breitung and published by . This book was released on 2016 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Factor models can cope with many variables without running into scarce degrees of freedom.

Download or read book Stock Markets in Islamic Countries written by Shaista Arshad and published by Springer. This book was released on 2016-12-22 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the volatility, efficiency and integration of stock markets in Islamic countries. It presents recent trends, growth and performance, before moving on to explore how patterns change during different business cycles for short-term and long-term investors, and ranks the efficiency of the various markets. It addresses how the level of market integration has been affected during different economic periods, and concludes by summarising the performance of the stock markets, suggesting potential future directions for these markets.

Download or read book Bridging the Gulf EU GCC Relations at a Crossroads written by Silvia Colombo and published by Edizioni Nuova Cultura. This book was released on 2014-05-27 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Relations between the European Union (EU) and the Gulf Cooperation Council (GCC) are at a crossroads. After the derailment of the negotiations for the Free Trade Agreement (FTA) in 2008, the cooperation between the two regional blocs has remained low-key in a number of different areas, while the unprecedented changes that have taken place in North Africa and the Middle East, the common neighbourhood of the EU and the GCC, have not led to a renewed, structured cooperation on foreign and security policy issues. This volume addresses the shortcomings and potential of EU-GCC relations by taking stock of their past evolution and by advancing policy recommendations as to how to revamp this strategic cooperation. In this light, it highlights the areas where greater room for manoeuvre exists in order to enhance EU-GCC relations, discusses the instruments available and sheds light on the features of the regional and international context that are likely to significantly influence the new phase in the mutual relation between the two blocs. The book is the result of the research conducted in the framework of the project ‘Sharaka – Enhancing Understanding and Cooperation in EU-GCC Relations’ co-funded by the European Commission.

Download or read book Crude Oil Exploration in the World written by Mohamed Younes and published by BoD – Books on Demand. This book was released on 2012-03-16 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Crude Oil Exploration in the World" contains multidisciplinary chapters in the fields of prospection and exploration of crude oils all over the world in addition to environmental impact assessments, oil spills and marketing of crude oils.

Download or read book The Governance and Regulation of International Finance written by Fabrizio Cafaggi and published by Edward Elgar Publishing. This book was released on 2013 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: ÔThe publication of this book could hardly be more timely; it fills a gap in present-day discussion of the reasons for the recent ongoing financial crises, and who was responsible. The balance between the governance and regulation of the international finance market underpins how securely we proceed into the future. At a time when sovereign defaults dominate public discussion, this issue is of quintessential importance. The editors are to be congratulated for this important publication.Õ Ð Christoph Paulus, Humbolt University of Berlin, Germany This thought-provoking book adds a new perspective to the analysis of how regulation should respond to the global financial crisis of 2008Ð2009. It focuses on the ÔprivateÕ as opposed to ÔpublicÕ aspect of regulation, and highlights the works of the publicÐprivate dialectic in regulation and enforcement. The expert authors examine what is perhaps the single most important sector in which public and private regulation and enforcement intersect: the arena of banking and global finance. The detailed analysis of these particular areas of finance thus provides a means for investigating aspects of the important topic of private regulation and enforcement in financial markets. A number of pertinent questions are addressed, including: How does private regulation and enforcement enhance or detract from the legitimacy of the process by which these market segments are managed and controlled? How does private regulation and enforcement manifest independence of action and judgment, as compared with public regulation? How does private regulation and enforcement measure up along dimensions of quality, relative to public regulation? and, finally, What forms of accountability characterize private as opposed to public regulation and enforcement? Illustrating the works of the publicÐprivate dialectic in regulation and enforcement, this challenging book will prove a fascinating read for academics, scholars and practitioners with an interest in regulation and governance issues, and in financial and banking law.

Download or read book Time Series Analysis by State Space Methods written by James Durbin and published by Oxford University Press. This book was released on 2001-06-21 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: State space time series analysis emerged in the 1960s in engineering, but its applications have spread to other fields. Durbin (statistics, London School of Economics and Political Science) and Koopman (econometrics, Free U., Amsterdam) extol the virtues of such models over the main analytical system currently used for time series data, Box-Jenkins' ARIMA. What distinguishes state space time models is that they separately model components such as trend, seasonal, regression elements and disturbance terms. Part I focuses on traditional and new techniques based on the linear Gaussian model. Part II presents new material extending the state space model to non-Gaussian observations. c. Book News Inc.

Download or read book Persian Gulf 2023 written by Md. Muddassir Quamar and published by Springer Nature. This book was released on 2023-12-06 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is 10th in the Persian Gulf Series by Middle East Institute, New Delhi (MEI@ND) and 5th with Springer Nature. It focuses on regional developments in the Gulf and India’s relations with the region in the preceding years; hence, Persian Gulf 2023 focuses on events in 2022. The broad subject of the book is Indian foreign policy and international relations. The book is based on opensource data, statistics, and information including government and international organisations’ reports, reports published by important consultancy and research institutions focused on the Gulf region, news and media reports published in the Gulf region and India and should be of great interest to analysts, academics, journalists, students, and practitioners. Each chapter in the book has several tables and figures on economic indicators, bilateral trade, and energy-related developments. It is a reference work for anyone interested in the Gulf region and at the same time it offers valuable policy recommendations. Hence, it has both academic and policy relevance.

Download or read book Capitalism and Class in the Gulf Arab States written by Adam Hanieh and published by Springer. This book was released on 2016-04-30 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the recent development of Gulf capitalism through to the aftermath of the 2008 economic crisis. Situating the Gulf within the evolution of capitalism at a global scale, it presents a novel theoretical interpretation of this important region of the Middle East political economy.