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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Detalhes bibliográficos
Autor principal: Guerami, Behrouz
Outros Autores: Abed, George, Erbas, S.
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2003.
Colecção:IMF Working Papers; Working Paper ; No. 2003/066
Acesso em linha:Full text available on IMF