Other Report

PrintPrint EmailEmail ShareShare CiteCite
Style:MLAAPAChicagoClose

loading...

GCC Sovereign Funds: Reversal of Fortune

A CGS Working Paper

Authors: Brad W. Setser, Fellow for Geoeconomics, and Rachel Ziemba, RGE Monitor

GCC Sovereign Funds: Reversal of Fortune - gcc-sovereign-funds-reversal-of-fortune

Publisher Council on Foreign Relations Press

Release Date January 2009

30 pages

Share

Overview

For several years, high oil prices enabled the Gulf Cooperation Council countries to add large sums to their state coffers. Falling oil prices imply that some Gulf countries may need to draw on their depleted funds to cover their import bills. In this Center for Geoeconomic Studies Working Paper, Brad W. Setser and Rachel Ziemba examine the impact of the fall in global equities on the Gulf’s large funds and explore how various oil price scenarios could shape those funds’ future growth.

More About This Publication

Brad W. Setser is fellow for geoeconomics at the Council on Foreign Relations.

Rachel Ziemba is RGE Monitor's lead analyst for oil-exporting economies and China.

More on This Topic

Op-Ed

Unasur and Venezuela

Author: Julia E. Sweig
Folha de Sao Paulo

As the Unasur summit commences in Chile, Julia Sweig suggests, in her column, that the opportunity is ripe for meaningful summitry that might...

Op-Ed

What a Difference a Decade Makes

Author: Julia E. Sweig
Folha de Sao Paulo

As Venezuela descends into strife, Julia Sweig reflects in her column on the multilateral implications of the protests in Caracas and across...