00762nam a2200109Ia 4500080001800000100001700018245008200035260002900117300002700146520045900173583002000632 a11.03.01 C953 aCrowe, Chris aExchange rate crises and capital market imperfections in small open economies bCDBaSt. MichaelBBc2000 a1 v. (various pagings) aEstimates a model derived from 'first generation' accounts of exchange rate crises, using Barbados as a case study. Indicates that the standard 'first generation' model (FGM) should be modified by the addition of dynamics and allowance for capital market imperfections. Notes that the paper is supportive of the view that rapid capital account liberalisation, exchange rate stability and an autonomous monetary policy are not simultaneously attainable. c12/13/00kJOY_D