Hasan, Zubair (2009): Dubai turmoil before and after the bailout.
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This note explains the circumstances that created the recent economic turmoil in Dubai. It analyses the consequences of the bailout the government ultimately enforced. It questions the role rating agencies play in such crises and suggests regulation of their activities. Finally, it warns of challenges Dubai is likely to face in years ahead.
|Item Type:||MPRA Paper|
|Original Title:||Dubai turmoil before and after the bailout|
|English Title:||Dubai turmoil before and after the bailout|
|Keywords:||Dubai; turmoil;bailout;rating agencies|
|Subjects:||D - Microeconomics > D5 - General Equilibrium and Disequilibrium > D53 - Financial Markets
N - Economic History > N2 - Financial Markets and Institutions > N25 - Asia including Middle East
|Depositing User:||Zubair Hasan|
|Date Deposited:||22. Dec 2009 06:40|
|Last Modified:||13. Feb 2013 07:16|
The following internet sources have been used in developing the argument of this note. These and related site were accessed on December 13-14, 2009.
Simon Kerr, Andrew, and Robin: Dubai is given $10 bn bailout by Abu Dhabi