Arab financial markets and the challenges of globalization

Authors

  • Hakim Mohsen Muhammad College of Administration and Economics - University of Kerbala

Keywords:

Financial markets, challenges of globalization

Abstract

The Arab financial markets face great challenges, the most prominent of which is globalization and its outcomes. Globalization, with its bad results and risks, is an imminent danger because the origin of globalization is the intense desire of the centre countries to tame the peripheries according to what the centre desires and desires, and thus, it involves the imposition of control and hegemony. Political, military and economical, and the basis for this is the plundering of peoples' national wealth and goods under unsound and inaccurate pretexts, sometimes in the name of the United Nations and what is called international legitimacy, to rob the will of others and control their interests according to what the centre wants, and harnessing financial markets is one of the goals that imperialist administrations seek to control and manage. According to what achieves its goals, it faces a major challenge, which focuses on imposing control in its various forms politically, financially, and economically. On the other hand, what is required is to confront these challenges by unifying economic and financial policies, exchanging experience and information through an advanced information communications network between the Arab financial markets, jointly addressing the challenges facing these markets individually or together, and defining sound rules and procedures that are acceptable to all parties in the Arab financial markets. This research seriously highlights these challenges and how to confront them in the Arab world.

Published

2024-05-10

How to Cite

حاكم محسن محمد. (2024). Arab financial markets and the challenges of globalization. Iraqi Journal for Administrative Sciences, 1(4), 139–150. Retrieved from https://mail.journals.uokerbala.edu.iq:8443/index.php/ijas/article/view/1581