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Eastern Caribbean Currency Union: Selected Issues

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  • International Monetary Fund

Abstract

The Eastern Caribbean Currency Union (ECCU) countries’ economies are heavily dependent on the United States for foreign direct investment, mainly in the tourism sector. The Selected Issues paper discusses economic development and policies of the ECCU. About one-third of the stayover tourists to the ECCU countries are from the United States., the top tourist-source country. The flow of remittances is also an important channel of influence, reflecting the significant proportion of Caribbean migrants living in the United States.

Suggested Citation

  • International Monetary Fund, 2009. "Eastern Caribbean Currency Union: Selected Issues," IMF Staff Country Reports 2009/176, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2009/176
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    References listed on IDEAS

    as
    1. Ms. Juliana Dutra Araujo, 2009. "Fiscal Cycles in the Caribbean," IMF Working Papers 2009/158, International Monetary Fund.
    2. Eduardo Borensztein & Eduardo Cavallo & Patricio Valenzuela, 2009. "Debt Sustainability Under Catastrophic Risk: The Case for Government Budget Insurance," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 12(2), pages 273-294, September.
    3. International Monetary Fund, 2006. "Grenada: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility," IMF Staff Country Reports 2006/277, International Monetary Fund.
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    Cited by:

    1. Kouame,Auguste Tano & Reyes,M. Ivanova, 2016. "Before and after the global financial crisis : evaluating the Caribbean's synchronization with global engines of growth," Policy Research Working Paper Series 7544, The World Bank.
    2. International Monetary Fund, 2012. "Algeria: Selected Issues Paper," IMF Staff Country Reports 2012/022, International Monetary Fund.

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