Currency crisis vulnerability : the case of the Eastern Caribbean Currency Union
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TextPublication details: Caribbean Centre for Money & Finance [St. Augustine]TT 2002Description: 25 pAction note: - 1/8/09 JOYD
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.
1/8/09 JOYD
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