Series: IMF Policy Discussion Papers
Author(s): Esteban Jadresic
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2002
Keywords: Currencies, Cooperation Council for the Arab States of the Gulf, Currency, GCC countries, common currency, exchange rate, international monetary fund, exchange rates, monetary policy,
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 t...