Hussein Alasrag

The Effects of the Global Economic Crisis on the Arab Economy Hussein Alasrag

THIS study highlighted the impact of the International Economic Crisis on the investment environment and the financial policies of the Arab economies, with emphasis on its causes, repercussions and the mechanisms necessary to confront it. The study noted that the international economic crisis the world is facing is the worst since the 1930s. It also enumerated the roots of the current crisis and its impact on the world economy. It tackled the most significant effects of the crisis on the Arab states, especially on their stock markets, the expatriates? fund transfers and the levels of employment. The study suggested a few recommendations to counter the crisis, such as raising investment growth rate, increasing the productivity and competitiveness of the real production sectors, increasing the volume of total expenditure, in addition to initiating employment programs and fostering small and medium projects.