00657nam a2200085Ia 4500100002700000245003700027260000900064520047900073583001900552 aHAREWOOD, T. Ainsworth aTowards a CARICOM montary union. c1993 aNotes that the search for monetary integration is based on two main principles, viz. (1) that monetary integration would complement Caribbean integration in other areas by fostering a commonality of exchange rate and monetary policies; and, (2) that monetary integration engenders stability in the exchange rate itself, not only among Caribbean currencies but also vis a vis the rest of the world. Outlines eight significant implications of monetary union in the Caribbean. c3/7/00kM2LMGR