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Impact of the US Financial Crisis on GCC Countries

  • Eckart Woertz
Publisher: Gulf Research Center
Date of Publication: Oct 2009
Publications Categories: Reports


After giving a short overview of the current crisis, this report gauges its possible impacts on the GCC economies, namely the exposure of banks and sovereign wealth funds to asset write downs, higher financing costs and widening bond spreads for corporations and banks. It also takes a look at the likely impact on demand for GCC export goods such as oil, petrochemicals and aluminum

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