The Eastern Caribbean Currency Union: Institutions, Performance, and Policy Issues
AbstractThe Eastern Caribbean Central Bank is one of just a few regional central banks in the world and the only one where the member countries have pooled all their foreign reserves, the convertability of the common currency is fully self-supported, and the parity of the exchange rate has not changed. This occasional paper reviews recent developments, policy issues, and institutional arrangements in the member countries of the Eastern Caribbean Currency Union, and looks at the regional financial system, its supervision, and the central bank's initiatives to establish a single financial space. The paper includes a large amount of statistical information that is not readily available elsewhere from a single source.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Occasional Papers with number 195.
Date of creation: 11 Aug 2000
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- Luca Antonio Ricci, 1997.
"A Model of an Optimum Currency Area,"
IMF Working Papers
97/76, International Monetary Fund.
- Ricci, Luca Antonio, 2008. "A Model of an Optimum Currency Area," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy, vol. 2(8), pages 1-31.
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