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Jamaica's experience with indirect instruments : lessons for the Caribbean.

MARSTON, David

Jamaica's experience with indirect instruments : lessons for the Caribbean. - 1995

Reviews the Jamaican experience with the use of indirect instruments of monetary control over the period 1985-1992. Evaluates the efficacy of these instruments and the impact of their use on intermediation and competion in the financial system. Describes the alternate experience of the currency board arrangements of the ECCB and draws lessons from both paths for other Caribbean countries.










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