Saudi Arabia: Vision 2030 Government of Saudi Arabia. (2017). Vision 2030. Riyadh: Council of Economic and Development Affairs.Download
|
|
|
GCC Currency Union: Necessary Precursors and Prospects
Rutledge, E. J. (2014). GCC Currency Union: Necessary Precursors and Prospects. GRC Gulf Papers. Cambridge: Gulf Research Center. The purpose of this report is to set out the steps that members of the GCC would need to take in order to effectively implement their long planned currency union. While the preparatory measures themselves are likely to constitute some of the key economic benefits, Optimal Currency Areas (OCA) will only manifest within a single market in which labor and capital are mobile and in which banking operations and fiscal budgetary decisions are accountable, transparent, and subject to intra-regional institutional regulation and oversight. Thus, in taking steps toward a currency union (CU), participating members would first need to establish a single market and devolve, when required, some executive decision making powers in relation to monetary and macroeconomic matters. By doing so, they would create a larger and deeper market that would be considerably more attractive to domestic and foreign investors alike. However, if member states do achieve such precursors and form a “single” currency as opposed to a “common” one which, give or take, they effectively have with their extant relationships with the US dollar – the driving force will have been political, not economic, incentives.
|
|
|
GCC Currency Union: Necessary Precursors and Prospects
Government of the UAE. (2014). Taking a More Sophisticated Approach to GCC Labour Market Policy. Dubai: Government of the UAE/McKinsey&Company.
|
|
|
The GCC in 2020: The Gulf and Its People
EIU. (2009). The GCC in 2020: The Gulf and Its People. London: The Economist Intelligence Unit.
|
|
|
The GCC in 2020: Outlook for the Gulf and the Global Economy
EIU. (2009). The GCC in 2020: Outlook for the Gulf and the Global Economy. London: The Economist Intelligence Unit.
|
|
|
The Abu Dhabi Economic Vision 2030
Government of Abu Dhabi. (2008). The Abu Dhabi Economic Vision 2030. Abu Dhabi: Abu Dhabi Council for Economic Development.
|
|
|
Qatar National Vision 2030
|
| This website is maintained by Dr Emilie J. Rutledge, an Associate Professor of Economics and author of Monetary Union in the Gulf: Prospects for a Single Currency in the Arabian Peninsula. Emilie has developed a number of undergraduate and postgraduate courses that specifically cover the economic and sociopolitical trajectories of the six Gulf economies. Her present research interests are the Arabian Gulf’s labour market dynamics and economic diversification endeavours. Résumé Publications Consultancy |