Series: IMF Working Papers
Author(s): Katrin Elborgh-Woytek , and Julian Berengaut
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2006
Keywords: Currency Union, Optimum Currency Areas, inflation, monetary union, monetary fund, central bank, International Monetary Arrangements and Institutions, Financial Aspects of Economic Integration,
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...