Impact of the Global Financial Crisis on GCC- UAE's Banking Sector

The rationale behind this paper is to inspect the impact of the global financial crisis on GCC countries, UAE in particular & its banking sector. To assess the extent of that effect, this paper provides some comparison before & after the crises. Additionally, it examines the challenges &...

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Main Author: Jaber, Hoda (author)
Published: 2012
Subjects:
Online Access:http://bspace.buid.ac.ae/handle/1234/109
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author Jaber, Hoda
author_facet Jaber, Hoda
author_role author
dc.creator.none.fl_str_mv Jaber, Hoda
dc.date.none.fl_str_mv 2012-02
2013-05-21T07:30:35Z
2013-05-21T07:30:35Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv 80108
http://bspace.buid.ac.ae/handle/1234/109
dc.language.none.fl_str_mv en
dc.publisher.none.fl_str_mv The British University in Dubai (BUiD)
dc.subject.none.fl_str_mv global financial crisis
banking sector
GCC countries
United Arab Emirates (UAE)
dc.title.none.fl_str_mv Impact of the Global Financial Crisis on GCC- UAE's Banking Sector
dc.type.none.fl_str_mv Dissertation
description The rationale behind this paper is to inspect the impact of the global financial crisis on GCC countries, UAE in particular & its banking sector. To assess the extent of that effect, this paper provides some comparison before & after the crises. Additionally, it examines the challenges & recommendations. Whilst for various GCC the effects of the crisis have been considered to be mild compared to the rest of the world, its impact had been ruthless in some countries, including UAE. A lot of GCC countries have made an gigantic effort in strengthening their policy frameworks and sturdiness, thought-provoking a healthy economic growth, improving the sovereign wealth fund, foreign reserve, financial systems, and the account balance. But a lot are still considered being highly susceptible to a deep global downturn that is so very well linked to oil prices. This paper provides policy advice on how best to address the impact of the crisis on GCC countries, UAE banking sector specifically, and describes suitable measures & policies that should be adopted. It is crucial to set up managed financing facilities to help out sms's, the real-estate sector, the bank operations and industrial sectors, while making efforts to maintain and catalyze additional
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publisher.none.fl_str_mv The British University in Dubai (BUiD)
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spelling Impact of the Global Financial Crisis on GCC- UAE's Banking SectorJaber, Hodaglobal financial crisisbanking sectorGCC countriesUnited Arab Emirates (UAE)The rationale behind this paper is to inspect the impact of the global financial crisis on GCC countries, UAE in particular & its banking sector. To assess the extent of that effect, this paper provides some comparison before & after the crises. Additionally, it examines the challenges & recommendations. Whilst for various GCC the effects of the crisis have been considered to be mild compared to the rest of the world, its impact had been ruthless in some countries, including UAE. A lot of GCC countries have made an gigantic effort in strengthening their policy frameworks and sturdiness, thought-provoking a healthy economic growth, improving the sovereign wealth fund, foreign reserve, financial systems, and the account balance. But a lot are still considered being highly susceptible to a deep global downturn that is so very well linked to oil prices. This paper provides policy advice on how best to address the impact of the crisis on GCC countries, UAE banking sector specifically, and describes suitable measures & policies that should be adopted. It is crucial to set up managed financing facilities to help out sms's, the real-estate sector, the bank operations and industrial sectors, while making efforts to maintain and catalyze additionalThe British University in Dubai (BUiD)2013-05-21T07:30:35Z2013-05-21T07:30:35Z2012-02Dissertationapplication/pdf80108http://bspace.buid.ac.ae/handle/1234/109enoai:bspace.buid.ac.ae:1234/1092021-10-06T13:11:55Z
spellingShingle Impact of the Global Financial Crisis on GCC- UAE's Banking Sector
Jaber, Hoda
global financial crisis
banking sector
GCC countries
United Arab Emirates (UAE)
title Impact of the Global Financial Crisis on GCC- UAE's Banking Sector
title_full Impact of the Global Financial Crisis on GCC- UAE's Banking Sector
title_fullStr Impact of the Global Financial Crisis on GCC- UAE's Banking Sector
title_full_unstemmed Impact of the Global Financial Crisis on GCC- UAE's Banking Sector
title_short Impact of the Global Financial Crisis on GCC- UAE's Banking Sector
title_sort Impact of the Global Financial Crisis on GCC- UAE's Banking Sector
topic global financial crisis
banking sector
GCC countries
United Arab Emirates (UAE)
url http://bspace.buid.ac.ae/handle/1234/109