Discover how currency unions impact global economies, their historical development, and the critiques they face. Learn about ...

Sir, On the fifth anniversary of European economic and monetary union, Wolfgang Münchau draws a number of useful tactical lessons for those countries in Asia and elsewhere that might be aspiring to ...

Currency union participation may create a welfare tradeoff relating to monetary factors. Stabilisation costs arise from asymmetric shocks across the union. Countries pursuing discretionary national ...

More Formats on IMF eLibrary Order a Print Copy Create Citation The six member countries of the Gulf Cooperation Council (GCC)--Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates ...

(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 ...

Most analysts agree that the ongoing financial crisis in Europe stems at least in part from flaws in the design of the euro system and that stabilization will require substantial institutional reform.

DUBAI, May 20 (Reuters) - The United Arab Emirates has withdrawn from the Gulf Arab monetary union plan, derailing the long-troubled project and throwing into question the viability and influence of ...

Gaining international clout is an important motivation in pursuing monetary integration, as small country merge into a larger entity that can project more global power. We provide evidence to that ...

The West African Economic and Monetary Union has agreed with France to a number of changes to the CFA franc currency, including a new name, Ivory Coast’s President Alassane Ouattara said Saturday, as ...

An economist from the Anglosphere is likely to tell you that the euro is structurally flawed and must implode. An economist in one of the 19 eurozone countries would say it is a work in progress and ...