This paper assesses the eventual replacement of the currencies of the GCC countries with a common currency. It concludes that a properly implemented currency un

In this book, the feasibility of the Gulf countries forming a common currency area is assessed using two distinct, but complementary, approaches. The empirical

We compare the dollar peg to a dollar-euro basket peg as alternative exchange rate regimes for the incipient Gulf Cooperation Council (GCC) currency union. Quan

The six member countries of the Gulf Cooperation Council (GCC)--Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates--have made important pr

This book written by leading academics and practitioners in the field brings together cutting edge research on exchange rate regime and monetary union issues. T