Within a broad framework for analyzing portfolio capital flows to developing countries, the paper undertakes a comparative analysis of equity markets in six Middle Eastern countries. The analysis, based primarily on a range of quantitative indicators, identifies the principal characteristics of...

Mobilization of national saving is an important determinant of investment and growth. It assumed greater importance in the case of the Iranian economy, given the difficult external environment. This paper discusses the recent saving performance of the Iranian economy, particularly in relation to...