This site has been archived on 27/01/17
27/01/17

Navigation path

The website of the Directorate General for Economic and Financial Affairs has moved.

You will find all publications issued after July 2015 on the new web presence.

The changing pattern of international trade and capital flows of the GCC countries

Author(s): Marga Peeters – Directorate General for Economic and Financial Affairs, European Commission

The changing pattern of international trade and capital flows of the Gulf Cooperation Council countries in comparison with other oil-exporting countriespdf(363 kB) Choose translations of the previous link 

Summary for non-specialistspdf(53 kB) Choose translations of the previous link 

Thanks to policies that are geared towards opening up borders, the GCC countries have imparted a significant stimulus to the world economy, to a much greater extent than other oil exporting countries in similar conditions. The development of the gross capital flows in view of the recent global crisis and their composition are the main focus of this study. Aspects of globalization, trade and financial integration, such as the dependence on oil, regional integration, foreign direct investment and cross-border assets and loans are addressed.


(European Economy. Economic Papers 415. June 2010. Brussels. PDF. 27pp. Tab. Graph. Bibliogr. Free.)

KC-AI-10-415-EN-N (online)
ISBN 978-92-79-14901-6 (online)
ISSN 1725-3187 (online)
doi: 10.2765/42450 (online)

JEL classification: F15, F21, F34, F4

Economic Papers are written by the staff of the Directorate-General for Economic and Financial Affairs, or by experts working in association with them. The Papers are intended to increase awareness of the technical work being done by staff and to seek comments and suggestions for further analysis. The views expressed are the author’s alone and do not necessarily correspond to those of the European Commission.

Additional tools

  • Print version 
  • Decrease text 
  • Increase text