00866nam a2200121Ia 450000500170000008000180001724500540003526000280008930000100011752005760012758300170070365000240072020260716043939.0  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