Munich Personal RePEc Archive

Dubai turmoil before and after the bailout

Hasan, Zubair (2009): Dubai turmoil before and after the bailout.

[img]
Preview
PDF
MPRA_paper_19484.pdf

Download (19kB) | Preview

Abstract

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.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.