aDecades go by and nothing happens; then weeks go by and decades happena. This apt saying encapsulates the dramatic convulsions taking place across the Arab world that first erupted in 2011 in Tunisia and which rapidly spread to other countries. These events have affected the lives of ordinary citizens in many more ways than had been intended when the aArab Springa broke out, with the endgame still not very clear as demonstrated in countries like Egypt, Syria and Libya. By comparison, with some exceptions, the six countries comprising the Gulf Cooperation Council have been relatively unaffected by the general turbulence and uncertainties lapping around them. However, geopolitical shifts involving global superpower rivalries, combined with revolutionary breakthroughs in the non-conventional hydrocarbon energy sector are threatening to challenge the importance of the Arabian Gulf as the worldas leading suppliers of energy, putting their economies under fiscal stress. The author examines such challenges by: ac Providing the first in-depth statistical analytical assessment of the GCC countries using monthly data over the period 2001 -2013 for the three risk categories- economic, financial and political risks- and their sub acomponents so as to enable policymakers enhance components with low risk , while addressing components with perceived higher risk, ac Assessing FDI and capital inflows and outflows before and after the aArab Springa , and how to encourage FDI inflows, ac Inter aArab and GCC trade and synergies in power transmission , transportation links and establishing new hubs of centers of manufacturing excellence , ac Exploring private sector-led growth models to reduce forecasted unemployment. Being complacent is not an option for the GCC. The aim of the book is that having a better understanding of each of the GCC countriesa individual risk parameters will enable the GCC meet future challenges and reduce the chances of a negative aArab Springa occurring in the region. Mohamed Ramady is a Visiting Associate Professor at the Department of Finance and Economics, King Fahd University of Petroleum and Minerals. His main research interests are the economics of the Middle East and Saudi Arabia in particular, as well as money and banking He also held senior positions with international financial institutions in the Arabian Gulf and Europe.The Country Risk Line Reports include assessing a countrya#39;s economic, social, and political structure by highlighting key facts to indicate ... database, supplemented by primary data from national and international sources and secondary data from the IMF, World Bank, and other multilateral organizations. ... The International Country Risk Guide (ICRG) The ICRG provides 20 2 Country Risk Assessment.
|Title||:||Political, Economic and Financial Country Risk|
|Author||:||Mohamed A. Ramady|
|Publisher||:||Springer Science & Business Media - 2013-10-19|