00686nam a2200097Ia 450000500170000010000270001724500370004426000090008152004790009058300190056920260716043318.0 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