Fasano-Filho, Ugo.

Monetary Union Among Member Countries of the Gulf Cooperation Council Ugo Fasano-Filho. [electronic resource] / Ugo Fasano-Filho. - Washington, D.C. : International Monetary Fund, 2003. - 1 online resource (72 p.) - Occasional Papers, Occasional Paper ; No. 223 . - Occasional Papers, Occasional Paper ; No. 223 .

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.

1589062191 : 22.00 USD

0251-6365

10.5089/9781589062191.084 doi


Central Bank
Monetary Policy
Monetary Union
Monetary Unions
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