SOAS Research Online

A Free Database of the Latest Research by SOAS Academics and PhD Students

[skip to content]

Hakimian, Hassan and Abdulaal, Abdulla (2015) 'GCC Economic Integration: Fiction or Reality?' Khamsoon. pp. 1-8.

[img]
Preview
Text
Download (116kB) | Preview

Abstract

The GCC states boast high per capita incomes and a voracious appetite for showcase construction projects, which symbolise their drive to transform finite oil resources into modern economies. During the past decade, significant strides were made in integrating their economies through establishing a customs union, common market and monetary council to study prospects for a shared currency. Underlying fundamentals, however, point at a different direction as the movement of goods, capital and labour has not been as fluid as anticipated. This policy brief evaluates the challenges, successes and future opportunities of economic integration in the GCC. Only through eliminating nominal and structural barriers in the movement of goods, capital and labour – along with institutional efforts at unifying fiscal and monetary policy – can the region benefit from integration.

Item Type: Journal Article
SOAS Departments & Centres: Legacy Departments > Faculty of Law and Social Sciences > Department of Economics
Regional Centres and Institutes > London Middle East Institute
Date Deposited: 13 May 2015 15:02
URI: https://eprints.soas.ac.uk/id/eprint/19890
Related URLs: (Publisher URL)

Altmetric Data

There is no Altmetric data currently associated with this item.

Statistics

Download activity - last 12 monthsShow export options
Downloads since deposit
6 month trend
1,118Downloads
6 month trend
935Hits
Accesses by country - last 12 monthsShow export options
Accesses by referrer - last 12 monthsShow export options

Repository staff only

Edit Item Edit Item