What Are the Potential Economic Benefits of Enlarging the Gulf Cooperation Council? /

This paper uses a variant of the IMF''s Global Economy Model (GEM) to estimate the macroeconomic effects of Yemen''s full accession into the Gulf Cooperation Council (GCC). After calibrating the model to Yemen and the GCC countries, several simulations were carried out to estimat...

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Bibliographic Details
Main Author:	Elekdag, Selim
Other Authors:	Chami, Saade, Tchakarov, Ivan
Format:	Book
Language:	English
Published:	Washington, D.C. : International Monetary Fund, 2004
Series:	IMF Working Papers ; Working Paper No. 04/152 IMF Working Papers; Working Paper ; No. 2004/152 IMF eLibrary
Subjects:	Adjustment process Closed economy Competition Competitive goods Currency pegs Degree of competition Domestic economy Domestic market Domestic prices Economic Integration > General Economic integration Economic models Elasticity of substitution Employment growth Endogenous growth Exchange rate regimes Export market External tariff Factor endowments Forecasting and Simulation Imperfect competition Import demand Import price Imported goods Imported inputs Imported intermediate Income convergence Increasing competition Integrating countries Intensity of competition Intermediate goods Intermediate inputs International Economic Order International trade Investment flows Investment goods Monetary union Monopolistic competition Monopolistic structure Monopolistic supplier Monopoly power Monopoly Open Economy Macroeconomics Open economy Per capita income Perfect competition Political economy Promoting competition Reducing barriers Regional integration Return on capital Skilled labor Terms of trade Tradable goods Trade creation Trade impact Trade liberalization Unskilled labor World economy Commodity exchanges Commodity markets Consumption Currency Demand and Supply of Labor: General Economics Finance Finance: General Financial markets Foreign Exchange Foreign exchange General Financial Markets: General (includes Measurement and Data) International Economic Order and Integration Labor market Labor markets Labor Labour Macroeconomic Aspects of International Trade and Finance: Forecasting and Simulation Macroeconomics Macroeconomics: Consumption National accounts Real exchange rates Saving Wealth income economics Yemen, Republic of

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What Are the Potential Economic Benefits of Enlarging the Gulf Cooperation Council? /

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