Monetary Union among member countries of the Gulf Cooperation Council
Author(s)
Bibliographic Information
Monetary Union among member countries of the Gulf Cooperation Council
(Occasional paper / International Monetary Fund, 223)
International Monetary Fund, 2003
Available at / 22 libraries
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Research Institute for Economics & Business Administration (RIEB) Library , Kobe University図書
332.042-130//223081000096477
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Note
Includes bibliographical reference
Description and Table of Contents
Description
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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