PUBLICATION RECEIVED

The Financial Markets of the Arabian Gulf, by Jean-Francois Seznec. Published by Croom Helm Ltd., London, May 1987, 143 pp. £30.

An admirable mix of careful secondary research and intimate inside knowledge, this study succeeds in describing the rapid growth of financial intermediation in Saudi Arabia, Kuwait and Bahrain. The author, who during the decade covered by the main thrust of the of the book was himself a commercial banker in Saudi Arabia and Bahrain and...