محددات الطلب من الاحتياطات الاجنبية لدول مجلس التعاون الخليجي

Abstract EN

This paper aims at identifying the determinants of demand for foreign reserves in GCC countries.

It also demonstrate development of foreign reserves over the period from 1975 to 2013, in addition, the paper tests the adequacy of GCC foreign reserves to meet external obligations.

By implementing the regression analysis of Panel data (fixed effect model), results indicate that the most important determinants of the demand for foreign reserves in GCC countries are the GDP (the country size), imports of goods and services, workers’ remittances and money supply.