00817nam a2200109Ia 4500080002600000100002300026245010500049260006900154300001400223520045200237583001800689 a11.02.01 M742bi(2002) aBirchwood, Anthony aDo real exchange rates matter for import demand of small open economies? : the case of the Caribbean b[Caribbean Centre for Monetary Studies]a[St. Augustine]TTc2002 a18 leaves aExamines the incidence of current deficits in developing countries. Focuses on the role of real exchange rates and economic growth in improving the current account balance of countries. Presents a model which incorporates features of the absorption and elasticity approaches which control foreign direct investment, health and regional effects. Seeks to obtain the likelihood that the independent variables will yield current account surpluses. c3/21/03kJOYD