The Impact of Financial Globalization on the Arab Capital Markets :Analytical Study (2010-2015)

Abstract

This study aims to examine the impact of financial globalization on Arab capital markets development using commonly recognised indicators to test this impact.  Arab countries made significant reforms to improve market efficiency, transparency, and prevent unfair trade practices. The results showed that Arab financial markets the more opened to global financial markets are the most affected by crisis over the study period.

Keywords: Financial globalization,Arab capital markets,Crisis,Volatility, domestic financial system.