GCC monetary union

E340443

proposed economic integration initiative proposed monetary union

The GCC monetary union is a proposed economic integration initiative among Gulf Cooperation Council member states to establish a shared currency and unified monetary policy.

Try in SPARQL Jump to: Surface forms Statements Referenced by

All labels observed (3)

Label	Occurrences
GCC Monetary Union Agreement	1
GCC Monetary Union project	1
GCC monetary union canonical	1

Statements (46)

Predicate	Object
instanceOf	proposed economic integration initiative ⓘ proposed monetary union ⓘ
challenge	dependence on hydrocarbon revenues ⓘ differences in fiscal policy among member states ⓘ political coordination among member states ⓘ varying levels of economic diversification ⓘ
currencyPlanned	GCC common currency project ⓘ surface form: GCC common currency
economicBloc	GCC ⓘ
economicContext	GCC Common Market ⓘ surface form: GCC common market GCC customs union ⓘ
goal	create a unified monetary policy ⓘ enhance economic integration among GCC states ⓘ establish a common currency ⓘ facilitate intra-GCC trade ⓘ increase financial and economic coordination ⓘ promote macroeconomic stability in the GCC region ⓘ reduce transaction costs among GCC economies ⓘ
intendedBenefit	enhanced regional financial stability ⓘ greater economic integration ⓘ increased attractiveness for foreign investment ⓘ simplified cross-border payments ⓘ
involves	coordination of fiscal policies ⓘ coordination of inflation targets ⓘ coordination of interest rates ⓘ establishment of a GCC central bank ⓘ
memberStateIntended	Bahrain ⓘ Kuwait ⓘ Oman ⓘ Qatar ⓘ Saudi Arabia ⓘ United Arab Emirates ⓘ
modeledAfter	European Union economic and monetary union ⓘ surface form: European Economic and Monetary Union
monetaryPolicyObjective	exchange rate stability ⓘ price stability in the GCC region ⓘ
policyArea	exchange rate policy ⓘ macroeconomic convergence ⓘ monetary policy ⓘ
proposedBy	Gulf Cooperation Council ⓘ
region	Arabian Peninsula ⓘ Persian Gulf ⓘ
relatedOrganization	Gulf Cooperation Council ⓘ
requires	creation of supranational monetary authority ⓘ harmonization of banking regulations ⓘ macroeconomic convergence criteria ⓘ
status	not yet implemented ⓘ proposed ⓘ

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

GCC common currency project → alternativeLabel → GCC monetary union ⓘ

GCC Monetary Council → basedOn → GCC monetary union ⓘ

this entity surface form: GCC Monetary Union Agreement

Gulf common currency → basedOn → GCC monetary union ⓘ

this entity surface form: GCC Monetary Union project