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This Selected Issues and Statistical Appendix Paper look at the global spillovers to the United Arab Emirates (UAE) financial system. It finds an uneven degree of spillovers to different segments of the UAE financial system. Regarding domestic equity markets, the combined market capitalization losses in the Abu Dhabi and Dubai stock exchanges between September 2008 and end-March 2012 exceeded $100 billion. The paper concludes that although financial vulnerabilities of the UAE have decreased since the 2008 global real estate collapse, given UAE’s interconnectedness, it remains exposed to global financial conditions.
This Selected Issues and Statistical Appendix Paper look at the global spillovers to the United Arab Emirates (UAE) financial system. It finds an uneven degree of spillovers to different segments of the UAE financial system. Regarding domestic equity markets, the combined market capitalization losses in the Abu Dhabi and Dubai stock exchanges between September 2008 and end-March 2012 exceeded $100 billion. The paper concludes that although financial vulnerabilities of the UAE have decreased since the 2008 global real estate collapse, given UAE’s interconnectedness, it remains exposed to global financial conditions.
This Routledge Companion provides a timely and authoritative overview of cross-cultural management as an academic domain and field of practice for academics and students. With contributions from over 60 authors from 20 countries, the book is organised in to five thematic areas: Review, survey and critique Language and languages: moving from the periphery to the core Cross-cultural management research and education The new international business landscape Rethinking a multidisciplinary paradigm. Edited by an international team of scholars and featuring contributions from a range of leading cross-cultural management experts, this prestigious volume represents the most comprehensive guide to the development and scope of cross-cultural management as an academic discipline.
This book discusses skill formation, upskilling of workers, and their interaction with technological change in Gulf countries. Heavy dependence on oil, the 'Dutch Disease', and the high incidence of unskilled foreign workers have caused serious structural imbalances in the labour market in the Gulf. The author shows that success of economic development strategies to address such imbalances are all contingent upon the development of adequate and appropriate skills in the region. This book confirms the role and impact of the deficiencies in the educational system alongside the well established effects of the excessive use of uneducated foreign workers and lack of incentives in the labour market. A comprehensive investigation of the skill problem and an elaborate in-depth analysis to assess the causes, consequences and relationships between poor skills and technological performance are highlights of this book. This is an ideal resource for policy makers in the Gulf region and researchers of the topic.
A comprehensive work on the historical and current status of developing countries.