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Article Dans Une Revue The Economic Research Guardian Année : 2022

Towards a Single Currency in Natural Syria Region - A Conceptual Monetary Innovation: A Reflection

Résumé

This research paper studies the benefits and the feasibility of a Single Currency in the Natural Syria region. The economic crisis that heavily weighs on the countries of this region makes it primordial to join forces and converge resources, potentials, and opportunities to raise the standard of living. A monetary union with its single currency may hold structural remedies to the woes of this region whose ability to face its economic, political, and internal difficulties depends mainly on the logic of support and cooperation. Based on a conceptual model of a currency basket, taking into consideration specific economic and monetary criteria, this potential union is enhanced by a single currency establishment that must be a feature of economic and political relations between the countries of the region which achieve the supreme interest represented in eliminating cases of fragmentation and disintegration and ensuring a comfortable life for the citizen. Hereby, the implementation of a Single Currency in Natural Syria seems to be a real turning point.
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hal-04081283 , version 1 (25-04-2023)

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  • HAL Id : hal-04081283 , version 1

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Wissam Samia, Nada Mallah Boustani. Towards a Single Currency in Natural Syria Region - A Conceptual Monetary Innovation: A Reflection. The Economic Research Guardian, 2022, 12 (2), pp.129-134. ⟨hal-04081283⟩
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