Using the cyclically adjusted non-hydrocarbon primary balance, this paper investigates the evolution of the fiscal policy stance in the United Arab Emirates at consolidated and sub-national levels in the run-up and after the crisis. The empirical findings show that procyclical fiscal policies...

Issues and statistical appendices are discussed. Government-related entities (GREs) have been a major source of growth and development for the United Arab Emirates (U.A.E.) economy. The global financial and economic crisis has, however, unveiled the fiscal and financial risks posed by GREs. The...

The profit of a financial period is the result of the cost-price mechanism within a company and it is an essential instrument in analysing and evaluating the economic efficiency of a company aswell as the quality of the company’s activity. By taking into account these aspects I developed...