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Author:Dudley, N.
Title:Time to bring the money home
Journal:Euromoney
1997 : MAY, 5, p. 97-114
Index terms:FINANCE
ARAB STATES
CAPITAL MARKETS
Language:eng
Abstract:If Arab states are to build industrialized trading economies on their oil wealth they will need internationally accessible capital markets trading a full range of financial instruments. Without these, Arab funds abroad -- let alone foreign capital -- are unlikely to flow in. Belatedly, Gulf states are realizing that a financial revolution is required -- involving governments, regulatory authorities and banks -- if the region is to be competitive in a market-driven global economy.
SCIMA record nr: 165210
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