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Eastern Caribbean Currency Union; Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper analyzes the income dispersion and comovement in the Eastern Caribbean Currency Union region. It finds that incomes are diverging, with the Leeward Islands converging to a higher income level than the Windward Islands. The paper examines the macroeconomic impact of trade preference erosion on the Windward Islands and demonstrates the substantial impact from preference erosion on growth, trade balances, and fiscal positions. The paper also analyzes the size of the informal economy in the Caribbean.

Suggested Citation

  • International Monetary Fund, 2007. "Eastern Caribbean Currency Union; Selected Issues," IMF Staff Country Reports 07/97, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:07/97
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=20517
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    References listed on IDEAS

    as
    1. Bouton, L. & Sumlinski, M.A., 2000. "Trends in Private Investment in Developing Countries. Statistics for 1970-1998," Papers 41, World Bank - International Finance Corporation.
    2. Lawrence Bouton & Mariusz A. Sumlinski, 2000. "Trends in Private Investment in Developing Countries : Statistics for 1970-1998," World Bank Publications, The World Bank, number 13986.
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    Cited by:

    1. World Bank, 2010. "Strengthening Caribbean Pensions : Improving Equity and Sustainability," World Bank Other Operational Studies 2847, The World Bank.

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