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Crises, New Markets Shift Gulf Pertodollar Flows

Appeared on December 12, 2011

Shawkat Hammoudeh, Ph.D., professor of economics, was quoted in a Reuters article titled "Crises, New Markets Shift Gulf Pertodollar Flows."

"Capital flows around the world are changing," said Hammoudeh, who added that the amount of Gulf capital available to the West was shrinking, in a process that could take many years.