TITLE

It can't happen here

AUTHOR(S)
Gordon, Michael
PUB. DATE
September 1999
SOURCE
Middle East;Sep99, Issue 293, p35
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Explains why the Middle East will not be affected by a global financial crisis, like the one that affected the emerging markets in 1997. Advantages of the region's economies; Liquidity of the region's capital markets; Minute presence of foreign portfolio investors on the local exchanges; Governments' commitment in defending against speculative attacks on regional currencies.
ACCESSION #
2433078

 

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