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Eastern Caribbean Currency Union; Selected Issues

  • International Monetary Fund
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    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.

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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=20517
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    Paper provided by International Monetary Fund in its series IMF Staff Country Reports with number 07/97.

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    Length: 107
    Date of creation: 06 Mar 2007
    Date of revision:
    Handle: RePEc:imf:imfscr:07/97
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    1. 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, October.
    2. Bouton, L. & Sumlinski, M.A., 2000. "Trends in Private Investment in Developing Countries. Statistics for 1970-1998," Papers 41, World Bank - International Finance Corporation.
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