On a Common Currency for the GCC Countries:
This paper assesses the eventual replacement of the currencies of the GCC countries with a common currency. It concludes that a properly implemented currency union may contribute to enhance economic efficiency in the region, deepen regional integration, and develop its non-oil economy. However, it c...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2002
|
| Schriftenreihe: | IMF Policy Discussion Papers
Policy Discussion Paper No. 02/12 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This paper assesses the eventual replacement of the currencies of the GCC countries with a common currency. It concludes that a properly implemented currency union may contribute to enhance economic efficiency in the region, deepen regional integration, and develop its non-oil economy. However, it cautions that a currency union should be seen as only one component of a much broader integration effort. This should include the removal of the distortions that inhibit intraregional trade and investment, agreements on policy frameworks to ensure macroeconomic stability, and further political integration. The paper also addresses the choice of exchange rate arrangement for the unified currency |
| Beschreibung: | 1 Online-Ressource (27 p) |
| ISBN: | 1451969481 9781451969481 |
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| index_date | 2024-07-03T20:13:27Z |
| indexdate | 2024-07-10T09:35:36Z |
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| spelling | Jadresic, Esteban Verfasser aut On a Common Currency for the GCC Countries Jadresic, Esteban Washington, D.C International Monetary Fund 2002 1 Online-Ressource (27 p) txt rdacontent c rdamedia cr rdacarrier IMF Policy Discussion Papers Policy Discussion Paper No. 02/12 This paper assesses the eventual replacement of the currencies of the GCC countries with a common currency. It concludes that a properly implemented currency union may contribute to enhance economic efficiency in the region, deepen regional integration, and develop its non-oil economy. However, it cautions that a currency union should be seen as only one component of a much broader integration effort. This should include the removal of the distortions that inhibit intraregional trade and investment, agreements on policy frameworks to ensure macroeconomic stability, and further political integration. The paper also addresses the choice of exchange rate arrangement for the unified currency Online-Ausg http://elibrary.imf.org/view/IMF003/05015-9781451969481/05015-9781451969481/05015-9781451969481.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Jadresic, Esteban On a Common Currency for the GCC Countries |
| title | On a Common Currency for the GCC Countries |
| title_auth | On a Common Currency for the GCC Countries |
| title_exact_search | On a Common Currency for the GCC Countries |
| title_exact_search_txtP | On a Common Currency for the GCC Countries |
| title_full | On a Common Currency for the GCC Countries Jadresic, Esteban |
| title_fullStr | On a Common Currency for the GCC Countries Jadresic, Esteban |
| title_full_unstemmed | On a Common Currency for the GCC Countries Jadresic, Esteban |
| title_short | On a Common Currency for the GCC Countries |
| title_sort | on a common currency for the gcc countries |
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