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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 countries(363 kB)
Summary for non-specialists(53 kB)
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.
KC-AI-10-415-EN-N (online) | |
ISBN 978-92-79-14901-6 (online) | |
ISSN 1725-3187 (online) | |
doi: 10.2765/42450 (online) |
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.
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