An analysis of Qatar and Dubai’s Currency Board (1966-1973)

Saksham BHANDARI

Abstract


Abstract. We first analyze the orthodoxy of the Qatar and Dubai Currency Board (1966-1973) through analysis of legislation and statistical tests based on balance sheet data. We then compare an analysis of economic factors such as wage growth, inflation rate, etc. during the currency board period to the post-currency board period. We also provide the history of the currency board’s issue of notes. A companion spreadsheet workbook shows the board’s note issue, balance sheet, and other data in machine-readable form.

Keywords. Qatar, Dubai, currency board.

JEL. E59, N25.


Keywords


Qatar; Dubai; Currency board.

Full Text:


References


BDD. (2002). Bahrain Dinar Digest. January, Vol.1. Bahrain: Bahrain Monetary Agency.

Digital Archive on Currency Boards. (n.d.). Institute for Applied Economics, Global Health, andStudy of Business Enterprise, Johns Hopkins University. (Has the primary source publications used in this paper.) [Retrieved from].

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Persian Gulf Gazette. (1956-1972). Bahrain: Her Majesty's Political Resident in the Persian Gulf.

QDCB. Qatar and Dubai Currency Board, (1966-1972). First Report for the Period Ended 31st December, 1966 (1966); Annual Report for the Year Ended 31st December, … (1967-1972). Doha: Qatar and Dubai Currency Board.

QMFR. Qatar Monetary Agency Monetary and Financial Report. May 1973.Doha: Qatar Monetary Agency. [Retrieved from].

Symes, Peter. 1997. "The Bank Notes of the Qatar and Dubai Currency Board." [Retrieved from].

United Arab Emirates. Majlis al-Naqd (United Arab Emirates Currency Board). Annual report.1973. Annual Report. Abu Dhabi: United Arab Emirates Currency Board.




DOI: http://dx.doi.org/10.1453/jel.v5i2.1631

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