00837nam a2200109Ia 4500080001800000245005400018260002800072300001000100520057600110583001700686650002400703  a03.02.01 I615  aEastern Caribbean Currency Union: selected issues  bIMFaWashingtonUSc2009  a61 p.  aExplores the impact of U.S. business cycles on ECCU economies and questions whether even an optimal level of international reserves is adequate.  Examines the emergence of unregulated investment schemes in the region and their potential economic and institutional damage.  Assesses exchange rate competitiveness in the ECCU.  Finds that for all but two countries in the region, fiscal policy does not react adequately to past debt accumulation to satisfy a condition for debt sustainability.  Examines the vulnerability of public finance to the risk of natural disasters.  c6/4/09kJOYD  aECONOMIC CONDITIONS