GCC Monetary Union: Understanding the Intricacies of Convergence

 

Regular Price: USD 1,500

Special Price USD 1,125

25% OFF

* Required Fields

Regular Price: USD 1,500

Special Price USD 1,125

PAY BY INVOICE

Be the first to review this product

The GCC economies are major crude oil and natural gas producers. Level of monetary convergence in the GCC quantified by low inflation levels, low interest variations, and stable exchange rate regime makes it suitable for the monetary union. While Bahrain, Kuwait, Qatar, and Saudi Arabia are in agreement to form the GMU by 2013, Oman and the UAE are not to be its part. With the objective of monetary integration and a common currency ‘Khaleeji’, GMU nations are focusing on complete integration of product and factor markets that enables exclusion of transaction costs and uncertainties associated with existence of separate currencies. Monetary integration removes all obstacles in the movement of goods, services, capital, and labor.

Table of Contents

GCC Monetary Union: Understanding the Intricacies of ConvergenceThe Gulf Cooperation Council GCC Economies and Hydrocarbon Dominance Gulf Monetary Union (GMU) and Major DevelopmentsMeaning of the Gulf Monetary Union (GMU)Major Objectives and Advantages of the Proposed GMUThe U.S Average Oil Prices and GCC Inflation: A Challenge for the Proposed GMU Monetary Convergence Criteria for the GMU NationsMajor Criteria for Monetary ConvergenceThe GMU and the Level of Convergence AcheivedOutlook (2013): Complexities Associated with the Formation of the GMU




Keyword1

Keyword2

Keyword3

Related Research

Release Date : 01-Dec-17

Region : South Asia, Middle East & North Africa

Release Date : 24-Nov-17

Region : South Asia, Middle East & North Africa

Release Date : 24-Nov-17

Region : South Asia, Middle East & North Africa

Release Date : 14-Nov-17

Region : South Asia, Middle East & North Africa

Release Date : 14-Nov-17

Region : South Asia, Middle East & North Africa

Why Frost & Sullivan

Working with the CEO’s growth team to create a vision based on a transformation growth strategy

Creating content-based digital marketing strategies that leverage our research perspective to differentiate and “tell your story”

Tracking over 1000 emerging technologies and analyzing the impact by industry and application to reveal the companies to watch in each sector

The Frost & Sullivan team is based in our 45 global offices and have developed a powerful global understandings of how industries operate on a global level.