Monetary Union Among Member Countries of the Gulf Cooperation Council /

The six member countries of the Gulf Cooperation Council (GCC)--Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates--have made important progress toward economic and financial integration, with the aim of establishing an economic and monetary union. This paper provides a detaile...

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Detalles Bibliográficos
Autor principal: Fasano-Filho, Ugo
Otros Autores: Schaechter, Andrea
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2003.
Colección:Occasional Papers; Occasional Paper ; No. 2003/006
Acceso en línea:Full text available on IMF
Descripción
Sumario:The six member countries of the Gulf Cooperation Council (GCC)--Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates--have made important progress toward economic and financial integration, with the aim of establishing an economic and monetary union. This paper provides a detailed analysis of the economic performance and policies of the GCC countries during 1990-2002. Drawing on the lessons from the experience of selected currency and monetary unions in Africa, Europe, and the Caribbean, it assesses the potential costs and benefits of a common currency for GCC countries and also reviews the options for implementing a monetary union among these countries.
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Descripción Física:1 online resource (72 pages)
Formato:Mode of access: Internet
ISSN:0251-6365
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students