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| Author: | Seznec, J. F. |
| Title: | The Gulf capital markets at a crossroads (Nahost, Saudi-Arabien) |
| Journal: | Columbia Journal of World Business
1995 : FALL, VOL. 30:3, p. 6-14 |
| Index terms: | |
| Freeterms: | KAPITALMARKT, KAPITALMARKTPOLITIK, MARKTWIRTSCHAFT |
| Language: | eng |
| Abstract: | The capital markets in the Gulf are a good mirror of their societies. This article discusses the current state of the capital markets in Saudi-Arabia, Kuwait, and to a lesser extent the financial organization in Bahrain, Oman, Quatar and the United Arab Emirates. The author gives reasons for the limited development of these markets within their various monarchies, and explains how and why the markets are now liberalizing. Undoubtedly, if the markets are allowed to develop, the Gulf will become a world center of energy-based industries. |
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