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EURO Based Currency Union: Motivation for Muslim Countries’ Economic Growth

机译:基于欧元的货币联盟:穆斯林国家经济增长的动力

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In economics, a monetary union is a situation where several countries have agreed to share a single currency (also known as a unitary or common currency) among them, for example, the EURO currency. A currency union differs from an economic and monetary union, where it is not just currency but also economic policy that is pooled or coordinated by a region. This paper will look into the EURO currency based currency union to see whether it really improves the member countries economic performance or not, which might be the motivation for Muslim countries to organize a currency union for their growth. To do this research, the economic data are collected from the World Bank Development Indicators database.
机译:在经济学中,货币联盟是指几个国家同意在其中共享一种货币(也称为统一货币或共同货币)的情况,例如欧元货币。货币联盟不同于经济和货币联盟,在经济联盟和货币联盟中,货币联盟不仅是货币,而且是由一个区域汇集或协调的经济政策。本文将研究基于欧元货币的货币联盟,以了解它是否确实改善了成员国的经济绩效,这可能是穆斯林国家组织货币联盟以促进其增长的动机。为了进行这项研究,从世界银行发展指标数据库中收集了经济数据。

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