Gulf Cooperation Council

Strengthening Liquidity Management Frameworks in Support of Stability and Growth in the GCC

Nopic
Effective liquidity management is important to promote macro-financial stability in the GCC countries. Fixed exchange rate regimes provide credible nominal anchors in the GCC countries, but combined with open capital accounts, they also entail limited monetary policy independence. At the same time, high dependence on hydrocarbon revenue has made... READ MORE...

Publication date: December 2017
ISBN 9781498346207
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