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Currency crisis vulnerability : the case of the Eastern Caribbean Currency Union

James, Karen

Currency crisis vulnerability : the case of the Eastern Caribbean Currency Union - [St. Augustine]TT Caribbean Centre for Money & Finance 2002 - 25 p.

Reviews the evolution of several indicators over a 10-year period for member countries of the Eastern Caribbean Currency Union(ECCU) and discusses whether the existing trend points to an impending crisis. Examines the role of fiscal policy under a fixed exchange rate system. Highlights the contribution of fiscal management policy in generating a currency crisis.

11.02.01 M742ja(2002)










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