Statements (47)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:political_party
|
| gptkbp:affiliatedWith |
gptkb:International_Monetary_Fund
gptkb:World_Bank gptkb:Arab_Monetary_Fund gptkb:Gulf_Cooperation_Council_Secretariat Central banks of member states |
| gptkbp:challenges |
Economic disparities
Political differences Implementation delays Sovereignty_concerns |
| gptkbp:currency |
gptkb:Gulf_Dinar
|
| gptkbp:designedBy |
2001
|
| gptkbp:economicImpact |
Enhanced economic growth
Increased trade among member states Greater financial stability Reduction of transaction costs |
| gptkbp:futurePlans |
Economic resilience
Increased cooperation Potential for expansion Integration with global markets |
| gptkbp:goal |
Establish_a_single_currency
|
| gptkbp:historicalContext |
2001 agreement to establish a monetary union
2007 decision to establish a monetary council Formation of GCC in 1981 Initial discussions in the 1990s Ongoing negotiations since 2001 |
| https://www.w3.org/2000/01/rdf-schema#label |
GCC Monetary Union
|
| gptkbp:impact |
Regional stability
Trade facilitation Currency stability Investment attractiveness |
| gptkbp:members |
gptkb:Bahrain
gptkb:Kuwait gptkb:Qatar gptkb:Saudi_Arabia gptkb:United_Arab_Emirates gptkb:Oman |
| gptkbp:partOf |
gptkb:Gulf_Cooperation_Council
|
| gptkbp:publicAccess |
Concerns over national sovereignty
Desire for economic integration Mixed support among citizens Support from business communities |
| gptkbp:relatedTo |
Trade agreements
Economic integration Fiscal policy coordination Central bank cooperation |
| gptkbp:status |
Not yet implemented
|