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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Détails bibliographiques
Auteur principal: Guerami, Behrouz
Autres auteurs: Abed, George, Erbas, S.
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2003.
Collection:IMF Working Papers; Working Paper ; No. 2003/066
Accès en ligne:Full text available on IMF