United Arab Emirates : Selected Issues and Statistical Appendix

Author/Editor:

International Monetary Fund

Publication Date:

June 8, 2012

Electronic Access:

Free Full text (PDF file size is 1188 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues and Statistical Appendix Paper look at the global spillovers to the United Arab Emirates (UAE) financial system. It finds an uneven degree of spillovers to different segments of the UAE financial system. Regarding domestic equity markets, the combined market capitalization losses in the Abu Dhabi and Dubai stock exchanges between September 2008 and end-March 2012 exceeded $100 billion. The paper concludes that although financial vulnerabilities of the UAE have decreased since the 2008 global real estate collapse, given UAE’s interconnectedness, it remains exposed to global financial conditions.

Series:

Country Report No. 12/136

Subject:

English

Publication Date:

June 8, 2012

ISBN/ISSN:

9781475504194/1934-7685

Stock No:

1AREEA2012002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

43

Please address any questions about this title to publications@imf.org