000 00919nam a2200145Ia 4500
005 20260716043939.0
080 _a03.02.01 I615
245 _aEastern Caribbean Currency Union: selected issues
260 _bIMF
_aWashingtonUS
_c2009
300 _a61 p.
520 _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.
583 _c6/4/09
_kJOYD
650 _aECONOMIC CONDITIONS
942 _cM
_mI615
999 _c57407
_d57407