Global Crises Reflections on the Gulf Cooperation Council Countries

نویسندگان

چکیده

This research is mainly taken into consideration the effects of global financial crisis on Gulf Cooperation Council (GCC) countries. The has been arisen in developing and developed countries that were not to be immune its impact. manifested trade budget deficits, high inflation rates, currency devaluations enhancing public debt. Conducting present investigation effective providing information about how impact GCC a negative manner. There different articles opinion authors area. Results this are foreign large reserves attained through past years have assisted expansionary policies buy pumping liquidity for absorbing regressive findings examined from mention countries’ economies versatile involve reduce international demand exports, minimize oil prices status investment development programs. enhanced rates with minimum context incentives purpose saving economic growth. It concluded indirectly or directly. These impacts shown stock market deterioration reduced cost oil. Hence, applicated countries, precautionary process should which will rise applied

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ژورنال

عنوان ژورنال: International journal of social science and human research

سال: 2022

ISSN: ['2644-0695', '2644-0679']

DOI: https://doi.org/10.47191/ijsshr/v5-i7-74