First published in 1988, Stock Markets of the Arab World provides a
sound description and analysis of the stock market situation in
Arab countries and an evaluation of previous attempts at the
integration of capital markets. Foreign interest in the oil
producing Arab countries has grown due to the accumulation of
international reserves. Oil producers are looking for an
alternative to their near-term investments in United States
Securities through a diversification of their economies. This book
argues that these countries could profitably invest these reserves
through an integration of their securities markets. It also says
that prospects of increased linkages among Arab domestic markets do
exist. This is an interesting read for scholars and researchers of
Middle East studies, Arab economy and economics in general.
General
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