Front Matter Page
Middle East and Central Asia (MCD)
Contents
Abstract
I. Introduction
II. Stylized Facts: Trade and Financial Linkages Within GCC
III. Empirical Evidence of Real Spillovers
A. Empirical Strategy
B. Empirical Findings
IV. Empirical Evidence of Financial Markets Comovements
A. Empirical Strategy
B. Empirical Findings
V. Conclusion
VI. References
Tables
1. Summary Statistics
2. Determinants of the GCC Non-Oil Real GDP Growth: Panel Regressions
3. Determinants of the GCC Equity Returns and Bond Spreads: Panel Regression
4. Determinants of the GCC Equity Returns and Bond Spreads: Panel Regression
Figures
1. GCC Non-Oil Exports
2. Saudi Arabia’s Imports from GCC Countries
3. Tourism Exposure to Saudi Arabia
4. GCC: Inward Direct Investment, 2015
5. GCC: Portfolio Investment Asset, 2015
6. Change in Bank Foreign Assets and Liabilities
7. Real and Financial Sector Co-Movements Within GCC