000			00976nam a2200133Ia 4500
080			_a03.02.03 S989
100			_aAllen, Errol N.
245			_aRole of monetary and exchange rate policy in the long term development of the OECS countries
260			_bOECS _aSt John'sAT _c1987
300			_a[31 leaves]
520			_aDiscusses economic development through the use of instruments of monetary policy in general and in particular the exchange rate. Sees fiscal and monetary policy as well as direct controls as the main instruments of economic policy which can be targeted to achieve growth and development. Puts forward the view that foreign aid has contributed to an adequate supply of foreign exchange and has consequently led to comparatively low exchange rates. Briefly discusses monetary integration in the OECS states. Sees the harmonization of tax systems in a monetary union as a means of fostering trade and mobility.
583			_c3/7/00 _kM2LMGR
942			_cM _mS989
999			_c14759 _d14759