FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W344183597> ?p ?o ?g. }

• W344183597 startingPage "227" @default.
• W344183597 abstract "ABSTRACT The emerging financial markets of the Middle East and North Africa, i.e., the financial markets of Bahrain, Egypt, Israel, Jordan, Kuwait, Lebanon, Morocco, Oman, Tunisia, and Turkey are less known and researched. This paper introduces each economy, its financial markets and the roles of foreign investors. The region's growth is lagging due to poor integration into the global economy, higher-than-average population growth rates, lagging political reforms, a large public sector, and underdeveloped financial markets partly due to high trade restrictions and inflexible exchange rate policies. Continued reforms of the financial sector would bring greater financial development and increasing globalization, albeit challenged by strong government interference. JEL: E0; E1; F3; F4; G1; N2; O4; O5 Keywords: Middle East and North African (MENA) Emerging Financial Markets; Bahrain, Egypt, Israel, Jordan, Kuwait, Lebanon, Morocco, Oman, Tunisia, Turkey; Foreign Direct Investment; Globalization and Growth; Iraq War; Gulf War; Macroeconomic and Financial Indicators. I. INTRODUCTION The looming threat of a war in Iraq had finally become a reality on March 20, 2003. While this threat caused continuous uncertainty and a negative impact on the global market, it also undermined Middle East and North African (MENA) stock markets and brought the region's economies to a standstill. Although the commencement of the war eliminated the ambiguity that had dominated the markets in the previous months (causing crude oil prices to surge above $33 a barrel, pushing stock market indices and consumer confidence even lower), the developing MENA region is still confronting the challenges of spurring recovery and initiating structural reforms. While the military conflict may have had a compounding impact on foreign direct investment and other foreign-based income, the root of the problem precedes the war, going back to the political regimes and economic policies that dominate the region. Even while the region's oil production remains the most important factor in MENA's economies, the topics of most interest for this issue are the emerging markets in the area that present potential opportunities for global investment. As a consequence of constant political friction and tight political controls, foreign investment remains minimal. Yet, this is necessary to assure the region's economic development. The question one naturally asks is: why are MENA countries lagging behind growth and globalization? Some of the factors include poor integration into the global economy, higher-than-average population growth rates outpacing employment rates, lagging political reforms, a large public sector, and underdeveloped financial markets partly due to high trade restrictions and inflexible exchange rate policies. Continued reforms of the financial sector would bring greater financial development and increasing globalization, albeit challenged by strong government interference. Upon initiating this special issue about two years ago, there was high potential and expectation for future growth. However, the sluggishness in the world economy and the increasingly hostile situation in the Middle East have reversed most economic forecasts and caused the regional markets to loom in a state of uncertainty. The process of globalization has created important interdependence between international markets, businesses, and nations. The countries surrounding Iraq are faced with greater risk and the impact of the outcome is of even more immediate concern. A regime change in Iraq would lead to a significant adjustment in trading partners and their economies while at the same time, possibly opening up lucrative opportunities for Western nations. The economies that are particularly of interest for this special issue of the journal are those of Bahrain, Egypt, Israel, Jordan, Kuwait, Lebanon, Morocco, Oman, Tunisia, and Turkey. …" @default.
• W344183597 created "2016-06-24" @default.
• W344183597 creator A5012356819 @default.
• W344183597 date "2003-06-22" @default.
• W344183597 modified "2023-09-24" @default.
• W344183597 title "Introduction for the Special Issue on Emerging Financial Markets of the Middle East" @default.
• W344183597 hasPublicationYear "2003" @default.
• W344183597 type Work @default.
• W344183597 sameAs 344183597 @default.
• W344183597 citedByCount "1" @default.
• W344183597 crossrefType "journal-article" @default.
• W344183597 hasAuthorship W344183597A5012356819 @default.
• W344183597 hasConcept C10138342 @default.
• W344183597 hasConcept C121087249 @default.
• W344183597 hasConcept C136264566 @default.
• W344183597 hasConcept C139719470 @default.
• W344183597 hasConcept C142724271 @default.
• W344183597 hasConcept C162324750 @default.
• W344183597 hasConcept C166957645 @default.
• W344183597 hasConcept C19244329 @default.
• W344183597 hasConcept C205649164 @default.
• W344183597 hasConcept C2119116 @default.
• W344183597 hasConcept C2776962539 @default.
• W344183597 hasConcept C2779343474 @default.
• W344183597 hasConcept C2780299701 @default.
• W344183597 hasConcept C33842695 @default.
• W344183597 hasConcept C34447519 @default.
• W344183597 hasConcept C3651065 @default.
• W344183597 hasConcept C47768531 @default.
• W344183597 hasConcept C71924100 @default.
• W344183597 hasConceptScore W344183597C10138342 @default.
• W344183597 hasConceptScore W344183597C121087249 @default.
• W344183597 hasConceptScore W344183597C136264566 @default.
• W344183597 hasConceptScore W344183597C139719470 @default.
• W344183597 hasConceptScore W344183597C142724271 @default.
• W344183597 hasConceptScore W344183597C162324750 @default.
• W344183597 hasConceptScore W344183597C166957645 @default.
• W344183597 hasConceptScore W344183597C19244329 @default.
• W344183597 hasConceptScore W344183597C205649164 @default.
• W344183597 hasConceptScore W344183597C2119116 @default.
• W344183597 hasConceptScore W344183597C2776962539 @default.
• W344183597 hasConceptScore W344183597C2779343474 @default.
• W344183597 hasConceptScore W344183597C2780299701 @default.
• W344183597 hasConceptScore W344183597C33842695 @default.
• W344183597 hasConceptScore W344183597C34447519 @default.
• W344183597 hasConceptScore W344183597C3651065 @default.
• W344183597 hasConceptScore W344183597C47768531 @default.
• W344183597 hasConceptScore W344183597C71924100 @default.
• W344183597 hasIssue "3" @default.
• W344183597 hasLocation W3441835971 @default.
• W344183597 hasOpenAccess W344183597 @default.
• W344183597 hasPrimaryLocation W3441835971 @default.
• W344183597 hasRelatedWork W1123028091 @default.
• W344183597 hasRelatedWork W1561235296 @default.
• W344183597 hasRelatedWork W1594943888 @default.
• W344183597 hasRelatedWork W1616176778 @default.
• W344183597 hasRelatedWork W1964620592 @default.
• W344183597 hasRelatedWork W1970357920 @default.
• W344183597 hasRelatedWork W1991694880 @default.
• W344183597 hasRelatedWork W2045509777 @default.
• W344183597 hasRelatedWork W2086600952 @default.
• W344183597 hasRelatedWork W2129285065 @default.
• W344183597 hasRelatedWork W2135189673 @default.
• W344183597 hasRelatedWork W2283182240 @default.
• W344183597 hasRelatedWork W247674838 @default.
• W344183597 hasRelatedWork W253582509 @default.
• W344183597 hasRelatedWork W300735254 @default.
• W344183597 hasRelatedWork W3031076949 @default.
• W344183597 hasRelatedWork W3042190695 @default.
• W344183597 hasRelatedWork W3126145659 @default.
• W344183597 hasRelatedWork W2187631526 @default.
• W344183597 hasRelatedWork W2190709300 @default.
• W344183597 hasVolume "8" @default.
• W344183597 isParatext "false" @default.
• W344183597 isRetracted "false" @default.
• W344183597 magId "344183597" @default.
• W344183597 workType "article" @default.