• Home
  • Subjects
  • Finance & Accounting
  • The last financial crisis 2007-2009 has many implication on different markets , however there are some arguments that the gulf a

The last financial crisis 2007-2009 has many implication on different markets , however there are some arguments that the gulf a - Term Paper Example

Only on StudentShare

Extract of sample
The last financial crisis 2007-2009 has many implication on different markets , however there are some arguments that the gulf a

Granting of loans in an uncontrolled manner, which resulted in the value of the loan exceeding that of the assets, was the root of the problem. These loans were provided to the borrowers without conducting a minimum check on their credit-worthiness. The result was that many of the borrowers failed to pay their loans back, which clearly reflected the financial status of the institutions and their inability to pay their obligations, thereby resulting into collapse. This paper investigates the severity of the impact on the GCC market. In this context, the financial market of the GCC countries has been considered along with special attention towards Qatar. The study revealed that the severity of the impact was not as huge as compared to the rest of the world. This can be due to the fact that the policy makers of GCC countries took ardent steps to mitigate the risk. Moreover, the Qatari economy did not get much affected and the banks were declared solvent in that time. However, the real estate business was seen to experience huge hit by the credit crunch. 1. ...
Download paper

Summary

Financial crisis 2007-2009 and its impact on the GCC countries Table of Contents Abstract 3 1. Introduction 4 2. Literature Review 4 2.1 Evolvement and Concept of Global Financial Crisis 5 2.2. Measuring the extend of effect on the GCC countries 6 2.2.1. The role played by the financial sector of the GCC countries in the national economy 6 2.2.2…
Author : ulices72

Related Essays

The Financial Crisis of 2007
This happens because nowadays trade barriers are lower than ever before and due to technological advancements, countries are highly interdependent these days than ever before (EconomyWatch). Events Leading to Financial Crisis 2007 The 2007 financial crisis proved to be the worst financial crisis in the history of finance. Nowadays, economies are not surviving in isolation but, actually, they are interlinked and due to this reason a fluctuation in one economy can have significant impact on other countries’ economies as well. Lately, due to this reason some major bankruptcy issues were faced...
7 pages (1757 words) Research Paper
Today's Crisis - 2009 vs. 2007 Crisis
Some of the biggest financial companies of the world, including Lehman Brothers and Merrill Lynch, have collapsed completely during this time (Savona et al., 2011, p.295). The crisis situation involves large number of aspects from restructuring of financial markets to that of economic policies across the globe (Kent et al., 2011, p.128). This decline has caused the decline in the financial as well as monetary system of countries across the globe. The financial crisis of 2009 has been a continuation of the financial crisis of 2007. This crisis has occurred because of the failure of world...
8 pages (2008 words) Essay
2007 financial crisis
The risks kept building up and through the synergistic effect; they interconnected among the institutions, which in the end undermined the stability of the financial institutions. There were seven main causes that worked together to cause the 2007 financial crisis. Such included the securitization of the mortgages bringing forth to the rise in the shadow banking sector, regulatory arbitrage and conflict of interest, leverage and lower interest rates, outsourcing of mortgage broker function, the suits vs geeks’ problem and finally the bankruptcy law changes. The factors mentioned above worked...
5 pages (1255 words) Essay
Changes in Gulf banking industry after global financial crisis
Conclusion
...
4 pages (1004 words) Research Paper
The last financial crisis 2007-2009 has many implication on different markets , however there are some arguments that the gulf a
Therefore, the overall coursework of the research incorporates a qualitative research approach through analyzing different scholarly based articles, peer-reviewed journals and governmental reports in order to evidently justify the impact of financial crisis in Qatar and other GCC countries. The findings of the research identifies that the financial performance of Qatar and other GCC countries were significantly affected. The real estate and construction industries belonging to most of the GCC countries were highly affected by the US financial recession 2007-2009. However, the conventional...
12 pages (3012 words) Research Paper
The last financial crisis 2007-2009
The economic crisis was associated with great losses of financial wealth, economic output, increased government interventions, psychological consequences among other significant costs. This paper will assess the extent to which the Qatar and other countries in the Gulf Cooperation Council were affected by the financial crisis. Impact of the Financial Crisis of 2007-2009 on the Gulf Area Introduction This paper aims at studying the impact of the global financial crisis of 2007-2009 on the countries in the Gulf Cooperation Council (GCC), or the Gulf Area. The Gulf Area is an economic and...
12 pages (3012 words) Research Paper
the effects of the 2008 financial crisis on the investment in the Gulf area and Qatar(different copy)
The initial impact of the financial crisis was felt partly in some Arab states depending on their participation in the international markets (Qatar 6). Impact on Finance and Economy The 2008 global economic crisis affected the financial markets of countries in the Gulf region. In many states, the stock exchange index declined by nearly 62% in 2008. By 2009, the projected GDP growth rates had fallen from 3.5% to 0.5% (Rocha & Subika 71). In addition, the economic growth decreased by more than 3% in the same year. With the exception of Qatar and Yemen, most states in the gulf area have projected...
4 pages (1004 words) Research Paper
Got a tricky question? Receive an answer from students like you! Try us!