• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Geopolitical Power Of The Gulf | Amman Institute
 

Geopolitical Power Of The Gulf | Amman Institute

on

  • 454 views

On 15/12/2010 Dr. Bessma Momani gave Amman Institute staff a presentation entitled “Geopolitical Power of The Gulf” ...

On 15/12/2010 Dr. Bessma Momani gave Amman Institute staff a presentation entitled “Geopolitical Power of The Gulf”

Dr.Bessma Momani is an associate professor in political science and history at the university Waterloo and senior fellow at the Centre for International Governance.

Statistics

Views

Total Views
454
Views on SlideShare
454
Embed Views
0

Actions

Likes
0
Downloads
1
Comments
0

0 Embeds 0

No embeds

Accessibility

Categories

Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    Geopolitical Power Of The Gulf | Amman Institute Geopolitical Power Of The Gulf | Amman Institute Presentation Transcript

    • GEOPOLITICAL POWER OF THE GULF Dr. Bessma Momani Associate Professor/ University Of Waterloo Department of Political Science bmomani@uwaterloo.ca
    • What explains the growing economic integration between the Gulf Arab counties and the Mashreq region (Egypt, Lebanon, and Jordan)— specifically, Gulf investments
    •  the six GCC states current account surplus:  $50 billion in 2003-2004; $400 billion in 2007-2008  $47.4 billion in 2009; to about $124.2bn in 2010 the GCC had $1.6 trillion (or 225 per cent of its GDP) to $2 trillion in foreign assets at the end of 2006  67 % public owned  33 % by private individuals
    • LET ME CONTEXTUALIZE THIS..... China:$1.1 trillion in foreign reserves  42 per cent of its GDP  Is public owned  Long term domestic absorption  GCC only 40 million people
    • WHERE DID GULF MONEY GO?
    •  Eco Reforms FDI problems Not just structural Then oil prices
    • WHY GULF INVESTMENT IN MASHREQ? Push factors Pull factors Out of US, because:  Structural eco reforms 9/11; Dubai Ports;  Deregulation; Sovereign Wealth Funds privatization; market Eco diversification forces; FTA Financialization  ‘neighbourhood effect’ SWFs  Horizontal networks  Vs. wasted 1970s  Arab money managers  Aware public  Regional peace  Digital democracy dividend  Young; W. educated
    • FUTURE STUDY...  But, what are the lessons for Jordan?  What does this mean for the region?  How to explain investor behaviour?
    • Questions?