Fundamentals -- Introduction -- Arab political unity -- Arab economic unity -- Arab human development -- Moving towards privatization -- The significant role of oil production -- Conclusion -- Major features of Arab economy -- Introduction -- It is a service economy -- Volatility of government revenues -- Insignificance of tax revenues -- High unemployment rates -- Increased burden of government's debt -- Surplus current account -- Significance of workers' remittances -- Conclusion -- Arab business environment -- Introduction -- Business culture in the Arab economy -- Not ease of doing business -- Modest competitiveness environment -- Low transparency -- Average credit rating -- Low ranking of good government -- Modest appeal to foreign investment -- Conclusion -- Arab financial institutions -- Introduction -- Currency systems in Arab economy -- Arab central banks -- Commercial banks -- Arab development funds -- Arab insurance companies -- Islamic finance and institutions -- Other financial institutions -- Conclusion -- Arab financial markets -- Introduction -- Emergence of Arab stock markets -- Major merits of Arab stock markets -- Arab bond markets -- Globalization and Arab stock markets -- Performance of Arab stock markets -- Role of stock markets in the Arab economy -- Stability of Arab stock markets -- Conclusion -- Epilogue -- Introduction -- Insight looks to the Arab economy -- Insight looks to the Arab financial sector -- Conclusion
Bibliography
Includes bibliographical references (pages 155-163) and index
