Research Proposal: The Effectiveness of Monetary Policy Tools Under Fixed Exchange System During Economic Shocks (Case Study of GCC Countries)
Introduction, Background, and Rationale This paper aims to analyze monetary policy tools’ effectiveness under a fixed exchange system during economic shocks. Focusing on the GCC countries, the report illustrates how monetary policy strategies are ineffective under the fixed exchange system since a pegged exchange rate implies a country has no domestic monetary autonomy. In many ... Read More
Pages: 5 Words: 1183