The GCC Monetary Union : Some Considerations for the Exchange Rate Regime /

We compare the dollar peg to a dollar-euro basket peg as alternative exchange rate regimes for the incipient Gulf Cooperation Council (GCC) currency union. Quantitative evidence suggests basket peg does not dominate dollar peg for improving external stability. However, as GCC exports and external fi...

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Autor principal: Guerami, Behrouz
Altres autors: Abed, George, Erbas, S.
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2003.
Col·lecció:IMF Working Papers; Working Paper ; No. 2003/066
Accés en línia:Full text available on IMF