1.

Record Nr.

UNINA9910959025303321

Autore

Elborgh-Woytek Katrin

Titolo

Beauty Queens and Wallflowers : : Currency Unions in the Middle East and Central Asia / / Katrin Elborgh-Woytek, Julian Berengaut

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

9786613823748

9781462341726

1462341721

9781452718859

1452718857

9781283511292

1283511290

9781451909395

145190939X

Edizione

[1st ed.]

Descrizione fisica

1 online resource (28 p.)

Collana

IMF Working Papers

Altri autori (Persone)

BerengautJulian

Soggetti

Money - Middle East

Money - Asia, Central

Currencies

Currency

Deflation

Economic History: Macroeconomics

Economic integration

Exchange rates

Exports and Imports

Exports

Financial Aspects of Economic Integration

Foreign Exchange

Foreign exchange

Government and the Monetary System

Growth and Fluctuations: Asia including Middle East

Inflation

International economics

International Monetary Arrangements and Institutions

International trade

Macroeconomics

Monetary economics

Monetary Systems



Monetary unions

Money and Monetary Policy

Money

Payment Systems

Price Level

Prices

Regimes

Standards

Trade: General

United Arab Emirates

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"October 2006."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. THE THEORY OF OPTIMUM CURRENCY AREAS""; ""III. ASSUMPTIONS AND METHODOLOGY""; ""IV. RESULTS""; ""V. SUMMARY AND CONCLUSIONS""; ""References""

Sommario/riassunto

Against the background of the theory of optimum currency areas, the paper analyzes possible sequences for establishing a currency union (CU) in the Middle East and Central Asia region. Between the corner solutions of independent currencies for all countries in the region and a CU comprising all countries, a large number of combinations of member countries in the CU is possible. The analysis aims to determine the composition of potential CUs as a function of the country initiating the CU, an exogenously determined number of currencies in the region, and the weight attached to the particular selection criteria. Within this framework, the study seeks to establish whether some countries are consistently selected at early stages of the process, while others join only at later stages.