Monetary Union Among Member Countries of the Gulf Cooperation Council

Released on by Mr.Ugo Fasano-Filho
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  • Monetary Union Among Member Countries of the Gulf Cooperation Council Book Detail

  • Author : Mr.Ugo Fasano-Filho
  • Release Date : 2003-08-29
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 80
  • ISBN 13 : 9781589062191
  • File Size : 9,9 MB
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Monetary Union Among Member Countries of the Gulf Cooperation Council by Mr.Ugo Fasano-Filho PDF Summary

Book 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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