Monetary union among member countries of the Gulf Cooperation Council /
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Imprint: | Washington DC : International Monetary Fund, 2003. |
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Description: | x, 62 p. : ill. ; 28 cm. |
Language: | English |
Series: | Occasional paper / International Monetary Fund, 0251-6365 ; no. 223 Occasional paper (International Monetary Fund) ; no. 223. |
Subject: | |
Format: | Print Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/5047947 |
Summary: | 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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Physical Description: | x, 62 p. : ill. ; 28 cm. |
Bibliography: | Includes bibliographical references (p. 58-60). |
ISBN: | 1589062191 |
ISSN: | 0251-6365 ; |