Despite disagreements among some member states of the East African Community (EAC), plans for a monetary union, hopefully in the near future, are in full gear. Such a union would mean the end to ...
Journal of Economic Integration, Vol. 39, No. 2 (June 2024), pp. 454-482 (29 pages) This study investigated the possibility of expanding the GCC monetary union to other MENA countries using cluster ...
We study optimal fiscal policies in a small monetary union country. The government uses nominal nonstate-contingent debt and distortionary labour taxes to finance exogenous spending. Price levels ...
(Reuters) -Europe's economic and monetary union, the most visible product of which is the euro, is an unprecedented effort at creating a shared currency backed by its own financial architecture. It is ...
DUBAI, May 20 (Reuters) - The United Arab Emirates has withdrawn from the Gulf Arab monetary union plan, derailing the long-troubled project and throwing into question the viability and influence of ...
Crucial negotiations that will deliver a common currency to East Africans are yet to take place despite the deadline for the formation of the East African Monetary Union being too close. Further, East ...
A meeting held by Co-operation Council for the Arab States of the Gulf (GCC) central bank governors in the first week of April to discuss a planned monetary union ended with little achieved. As a ...
In 1999, eleven European countries adopted the euro as their common currency (Greece followed in 2001). This followed a long period of gradually tying their national currencies together more tightly ...
Sources: IMF, African Department database; World Economic Outlook; World Bank World Development Indicators; IMF staff estimates and projections. All projections presented in this staff report were ...
KUWAIT (Reuters) - Gulf Arab countries endorsed a monetary union agreement on Tuesday despite the absence of major player the United Arab Emirates and fellow oil producer Oman and left options open ...
Mali’s military government called on the West African Economic and Monetary Union to defy sweeping economic sanctions that were imposed on the country by a regional bloc last month, describing the ...
(Reuters) -Europe’s economic and monetary union, the most visible product of which is the euro, is an unprecedented effort at creating a shared currency backed by its own financial architecture. It is ...
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