49,30 €*
Versandkostenfrei per Post / DHL
Lieferzeit 4-7 Werktage
By assessing the development of institutions like the Abu Dhabi Investment Authority, the Saudi Arabian Monetary Authority, the Public Investment Fund and the National Bank of Kuwait, The Financial Markets of the Arab Gulf evaluates the growth of the markets and provides a detailed, critical, snapshot of the current form and function of the Gulf's financial markets. It argues that the markets have been controlled by various state institutions for socio-political reasons. In particular, the Saudi state has used its sophisticated regulatory regime to push for industrialization and diversification, which culminated in the Vision 2030 plan. The UAE, Qatar, Kuwait, Bahrain and Oman have also been strongly involved in establishing modern markets for similar purposes but have done so through different means, with varying results, and each in line with what has been considered their respective comparative advantages.
Along with critically surveying these institutions and their role in global finance, the book also presents case studies depicting transactions typical to the region, including the highly profitable documentary credits of commercial banks, the financial scandal of certain financiers and their regulatory arbitrage between Bahrain and Saudi Arabia, a review of the Dubai's trade miracle, and an assessment of the value and importance of the privatization of Saudi Aramco.
By assessing the development of institutions like the Abu Dhabi Investment Authority, the Saudi Arabian Monetary Authority, the Public Investment Fund and the National Bank of Kuwait, The Financial Markets of the Arab Gulf evaluates the growth of the markets and provides a detailed, critical, snapshot of the current form and function of the Gulf's financial markets. It argues that the markets have been controlled by various state institutions for socio-political reasons. In particular, the Saudi state has used its sophisticated regulatory regime to push for industrialization and diversification, which culminated in the Vision 2030 plan. The UAE, Qatar, Kuwait, Bahrain and Oman have also been strongly involved in establishing modern markets for similar purposes but have done so through different means, with varying results, and each in line with what has been considered their respective comparative advantages.
Along with critically surveying these institutions and their role in global finance, the book also presents case studies depicting transactions typical to the region, including the highly profitable documentary credits of commercial banks, the financial scandal of certain financiers and their regulatory arbitrage between Bahrain and Saudi Arabia, a review of the Dubai's trade miracle, and an assessment of the value and importance of the privatization of Saudi Aramco.
The Commercial Banks
The Islamic Banks
The Money Changers
The Bahraini Offshore Market
The Capital Markets
Conclusion
The Financial Markets of the United Arab Emirates
Dubai versus Abu Dhabi
The UAE's Regulatory Environment
Free Trade Zones
The Banking Sector
Sovereign Wealth Funds
SWFs, Power Patronage and Asset Ownership
Conclusion
The Financial Markets of Saudi Arabia
SAMA and the Regulatory Environment
The Capital Markets
The State Controlled Financing Companies
The Money Changers
The Commercial Banks
Conclusion
The Financial Markets of Bahrain, Qatar, Kuwait and Oman
4.1 The Financial Markets of Bahrain
The Banking Sector
The Capital Markets
Islamic Financial Regulation: A New Niche?
Bahrain's Unique Natural Resource
Conclusion
4.2 The Financial Markets of Qatar
Qatar's Energy Markets
Trade and the Embargo
The Banking Sector
The Capital Markets
The Qatar Investment Authority
Conclusion
4.3 The Financial Markets of Kuwait
The National Assembly
The Capital Markets
The Banking Sector
Sovereign Wealth Funds
SWFs in Crises: The KIO and the Gulf War
Conclusion
4.4 The Financial Markets of Oman
Qaboos's Elite Bargain
A New Challenge
Natural Resources and Diversification
The Banking Sector
The Capital Markets
Conclusion
The Gulf States in Global Financial Markets
Phase 1: 1960-1985
Phase 2 1985-Present
2008: Shifting Tones
Lasting Change
Looking East: Energy Investments in Asia and Southeast Asia
Conclusion
Case Studies
Introduction
6.1 The Saudi Aramco Privatization
Valuation
Transparency through Privatization
To IPO, But Where?
Conclusion
6.2 Name Lending and the TIBC Bankruptcy
Background
Regulatory, Personality or Practice: Who is At Fault?
Conclusion
Name Lending: A Primer
6.3 Dubai as a Financial Safe Haven
Indian Gold Smuggling
Iranian Trade Links
Conclusion
6.4 Documentary Credits
The Mechanics
Profitability
Conclusion
Conclusion
| Medium: | Taschenbuch |
|---|---|
| ISBN-13: | 9780367732738 |
| ISBN-10: | 0367732734 |
| Sprache: | Englisch |
| Autor: |
Seznec, Jean Francois
Mosis, Samer |
| Hersteller: |
Routledge
Taylor & Francis |
| Verantwortliche Person für die EU: | preigu, Ansas Meyer, Lengericher Landstr. 19, D-49078 Osnabrück, mail@preigu.de |
| Maße: | 12 x 156 x 234 mm |
| Von/Mit: | Jean Francois Seznec (u. a.) |
| Gewicht: | 0,4 kg |
The Commercial Banks
The Islamic Banks
The Money Changers
The Bahraini Offshore Market
The Capital Markets
Conclusion
The Financial Markets of the United Arab Emirates
Dubai versus Abu Dhabi
The UAE's Regulatory Environment
Free Trade Zones
The Banking Sector
Sovereign Wealth Funds
SWFs, Power Patronage and Asset Ownership
Conclusion
The Financial Markets of Saudi Arabia
SAMA and the Regulatory Environment
The Capital Markets
The State Controlled Financing Companies
The Money Changers
The Commercial Banks
Conclusion
The Financial Markets of Bahrain, Qatar, Kuwait and Oman
4.1 The Financial Markets of Bahrain
The Banking Sector
The Capital Markets
Islamic Financial Regulation: A New Niche?
Bahrain's Unique Natural Resource
Conclusion
4.2 The Financial Markets of Qatar
Qatar's Energy Markets
Trade and the Embargo
The Banking Sector
The Capital Markets
The Qatar Investment Authority
Conclusion
4.3 The Financial Markets of Kuwait
The National Assembly
The Capital Markets
The Banking Sector
Sovereign Wealth Funds
SWFs in Crises: The KIO and the Gulf War
Conclusion
4.4 The Financial Markets of Oman
Qaboos's Elite Bargain
A New Challenge
Natural Resources and Diversification
The Banking Sector
The Capital Markets
Conclusion
The Gulf States in Global Financial Markets
Phase 1: 1960-1985
Phase 2 1985-Present
2008: Shifting Tones
Lasting Change
Looking East: Energy Investments in Asia and Southeast Asia
Conclusion
Case Studies
Introduction
6.1 The Saudi Aramco Privatization
Valuation
Transparency through Privatization
To IPO, But Where?
Conclusion
6.2 Name Lending and the TIBC Bankruptcy
Background
Regulatory, Personality or Practice: Who is At Fault?
Conclusion
Name Lending: A Primer
6.3 Dubai as a Financial Safe Haven
Indian Gold Smuggling
Iranian Trade Links
Conclusion
6.4 Documentary Credits
The Mechanics
Profitability
Conclusion
Conclusion
| Medium: | Taschenbuch |
|---|---|
| ISBN-13: | 9780367732738 |
| ISBN-10: | 0367732734 |
| Sprache: | Englisch |
| Autor: |
Seznec, Jean Francois
Mosis, Samer |
| Hersteller: |
Routledge
Taylor & Francis |
| Verantwortliche Person für die EU: | preigu, Ansas Meyer, Lengericher Landstr. 19, D-49078 Osnabrück, mail@preigu.de |
| Maße: | 12 x 156 x 234 mm |
| Von/Mit: | Jean Francois Seznec (u. a.) |
| Gewicht: | 0,4 kg |
Ähnliche Produkte
Lieferzeit 1-2 Wochen
Lieferzeit 1-2 Werktage
Lieferzeit 1-2 Wochen
Lieferzeit 1-2 Wochen
Lieferzeit 1-2 Wochen
Lieferzeit 1-2 Wochen