Access count of this item: 102
|Title:||<論考>GCCにおける金融・経済統計 : 通貨統合の観点からみた制度的問題|
|Other Titles:||<Articles>Monetary and Economic Statistics in the Gulf Cooperation Council Area : An Institutional Requirement for the Monetary Union|
|Author's alias:||KANEKO, Jutaro|
|Journal title:||イスラーム世界研究 : Kyoto Bulletin of Islamic Area Studies|
|Abstract:||This article explores a desirable financial and monetary statistical system for the GCC (Gulf Cooperation Council) area that ensures smooth realization of the monetary union for which they have been preparing since the early stages of their community history. I will clarify the problems with the present statistical system and suggest a possible solution for improvement by comparison with the EU (European Union) which realized monetary union prior to the GCC. A well-harmonized regional statistical system which enables reliable comparison among the same economic indicators of member states is a most important prerequisite for effectively integrated monetary policy implementation by the regional central bank to be established along with the introduction of a common currency in the GCC. Nevertheless, there is actually great diversity in the current statistical data gathering, compilation and dissemination methods across member states, arising from their different social and economic backgrounds. Although member states are trying to standardize their statistical systems by adopting international statistical guidelines set by international organizations individually, little progress has been made so far. There should be, therefore, a strong initiative yielded by neutral regional institutions as seen in the EU where Eurostat, the statistics department of the European Commission and European Central Bank enact common statistical rules to be applied in member states. The point is that just introducing EU-type institutions would not work in the GCC area at this time, taking into account the fundamental differences between the EU and the GCC in such factors as member configuration, uniformity and readiness for unification. To devise the most suitable system for the GCC area is a pressing challenge.|
|Appears in Collections:||Vol.5 No.1-2|
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