The Probable Effects To Access World Trade Organization In The Field of Liberating Financial Services Trade In Economic Growth: Case Studies

Liberating Financial Services trade and its relation with the economic growth is considered a fertile field in international economy. Results of quantitative analysis showed that Financial liberation of Arab Gulf States did not leave Positive and significant effects in Gross Domestic Product, Whereas it was both Positive and significant upon the aggregate level of these states, Therefore, to deal with financial corporations and its markets might lead to achieve better economic features in the field of competition in World Financial markets as well as strengthening its negotiate position in terms of contributing in the decisions of WTO to fulfill tangible economic returns. There should be a kind of stress to aggregate Gulf Financial integration and to be replaced by a limited number of huge financial institutes which can compete foreign financial institutes in the light of liberating Financial Services Trade.