TY - BOOK AU - Fasano-Filho,Ugo TI - Monetary Union Among Member Countries of the Gulf Cooperation Council T2 - Occasional Papers, Occasional Paper SN - 1589062191 : SN - 0251-6365 PY - 2003/// CY - Washington, D.C. PB - International Monetary Fund KW - Central Bank KW - imf KW - Monetary Policy KW - Monetary Union KW - Monetary Unions KW - Oil Prices KW - Bahrain KW - Qatar N2 - 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 UR - http://elibrary.imf.org/view/IMF084/04717-9781589062191/04717-9781589062191/04717-9781589062191.xml UR - http://www.imfbookstore.org/IMFORG/9781589062191 ER -