The World Financial Crisis & its Reflections on Arab Gulf Countries: Future Vision
The new world financial crisis has taken place in a form of liquidity crisis in mortgage estate market, because of the lenders stopping to pay their loans as well as its interest rates. The causes led to bankruptcy of grand bank institutions. The Arab Gulf Countries will face great economic losses r...
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| Format: | Article |
| Language: | Arabic |
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Regional Studies Center
2011-04-01
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| Series: | دراسات أقليمية |
| Subjects: | |
| Online Access: | https://regs.mosuljournals.com/article_6424_22489102d42430aa9dbdbaf78bba6f9f.pdf |
| _version_ | 1818591951096643584 |
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| author | Abdullah Fadhil Al-Hayali |
| author_facet | Abdullah Fadhil Al-Hayali |
| author_sort | Abdullah Fadhil Al-Hayali |
| collection | DOAJ |
| description | The new world financial crisis has taken place in a form of liquidity crisis in mortgage estate market, because of the lenders stopping to pay their loans as well as its interest rates. The causes led to bankruptcy of grand bank institutions. The Arab Gulf Countries will face great economic losses resulting from the current world financial crisis whether that are concerned with supported securities by real-estate, or that by funds contributions that are devoted to help people suffering from the crisis, or resulting from the decrease of economic growth due to reductions of crude oil demands, or oil prices deterioration, or decrease of dollar's exchange rate. According to what is mentioned above, we reveal that we are in a bad need to establish financial institutions governed by principles & morals, develop simple and justice investment tools, promoting the awareness of investors, and redirecting the Arab Gulf monetary investments towards actual investments opportunities in both Arab & Islamic sphere. There are intellectual results coming from this crisis. It supported the economic philosophy that leads to much role of state interference in the financial markets, bank system and economic activities in general. The lessons coming from this crisis will change too much of the thoughts & economic policies. No doubt, the role of USA will be changed in the contemporary world system. |
| first_indexed | 2024-12-16T10:20:35Z |
| format | Article |
| id | doaj.art-1ae3cb6b1d48406a8d948371a1cf4c89 |
| institution | Directory Open Access Journal |
| issn | 1813-4610 2664-2948 |
| language | Arabic |
| last_indexed | 2024-12-16T10:20:35Z |
| publishDate | 2011-04-01 |
| publisher | Regional Studies Center |
| record_format | Article |
| series | دراسات أقليمية |
| spelling | doaj.art-1ae3cb6b1d48406a8d948371a1cf4c892022-12-21T22:35:19ZaraRegional Studies Centerدراسات أقليمية1813-46102664-29482011-04-0182218520910.33899/regs.2011.64246424The World Financial Crisis & its Reflections on Arab Gulf Countries: Future VisionAbdullah Fadhil Al-HayaliThe new world financial crisis has taken place in a form of liquidity crisis in mortgage estate market, because of the lenders stopping to pay their loans as well as its interest rates. The causes led to bankruptcy of grand bank institutions. The Arab Gulf Countries will face great economic losses resulting from the current world financial crisis whether that are concerned with supported securities by real-estate, or that by funds contributions that are devoted to help people suffering from the crisis, or resulting from the decrease of economic growth due to reductions of crude oil demands, or oil prices deterioration, or decrease of dollar's exchange rate. According to what is mentioned above, we reveal that we are in a bad need to establish financial institutions governed by principles & morals, develop simple and justice investment tools, promoting the awareness of investors, and redirecting the Arab Gulf monetary investments towards actual investments opportunities in both Arab & Islamic sphere. There are intellectual results coming from this crisis. It supported the economic philosophy that leads to much role of state interference in the financial markets, bank system and economic activities in general. The lessons coming from this crisis will change too much of the thoughts & economic policies. No doubt, the role of USA will be changed in the contemporary world system.https://regs.mosuljournals.com/article_6424_22489102d42430aa9dbdbaf78bba6f9f.pdfglobal financial crisis in gulf statesfinancial crises |
| spellingShingle | Abdullah Fadhil Al-Hayali The World Financial Crisis & its Reflections on Arab Gulf Countries: Future Vision دراسات أقليمية global financial crisis in gulf states financial crises |
| title | The World Financial Crisis & its Reflections on Arab Gulf Countries: Future Vision |
| title_full | The World Financial Crisis & its Reflections on Arab Gulf Countries: Future Vision |
| title_fullStr | The World Financial Crisis & its Reflections on Arab Gulf Countries: Future Vision |
| title_full_unstemmed | The World Financial Crisis & its Reflections on Arab Gulf Countries: Future Vision |
| title_short | The World Financial Crisis & its Reflections on Arab Gulf Countries: Future Vision |
| title_sort | world financial crisis its reflections on arab gulf countries future vision |
| topic | global financial crisis in gulf states financial crises |
| url | https://regs.mosuljournals.com/article_6424_22489102d42430aa9dbdbaf78bba6f9f.pdf |
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