Coordinating macroeconomic policies is a pre-requisite to a successful launch of the
common currency in the GCC countries. Relying on the Behavioral Equilibrium Exchange …

The paper examines the capacity of the GCC countries to bear the costs of monetary
unification in the light of the indications arising from the traditional optimum currency area …

From a global perspective, the GCC countries do not exhibit extraordinary qualities from
several standpoints: they have the geographical size of the eurozone, albeit with a …

From the perspectives of optimum currency area theory, money and monetary policies,
exchange rates determination and exchange market behaviours, this thesis evaluated the …

This paper explores convergence in Arab countries in regard to several economic
dimensions. Overall there is little evidence of convergence in income per capita for the entire …

The State of Kuwait is has been a member of the Gulf Cooperation Council (GCC) since its
establishment in 1980. Kuwait is a geographically small but oil-rich country, whose …

There are a number of reasons why people experience poverty for only a short period of
time. For example, those who are transiting between jobs and live out of past savings are …