Review A Currency Union for the Caribbean

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A Currency Union for the Caribbean High quality books

A Currency Union for the Caribbean
By:Mr. DeLisle Worrell
Published on 2003-02-01 by International Monetary Fund

The experiences of Caribbean Economic Community countries show that exchange rate depreciation in these countries is inflationary, and that, while changes in the relative prices of tradables may affect exports, tourism, and imports, nominal exchange rate changes have no predictable effect on those relative prices. Under these circumstances, economic literature indicates that a fixed exchange rate regime is optimal, and Caribbean countries with (quasi-) currency boards have been successful in maintaining durable exchange rate pegs. Commitment to a currency board is a potentially vital step in achieving a currency union for the Caribbean.

This Book was ranked at 29 by Google Books for keyword Currency.

Book ID of A Currency Union for the Caribbean's Books is GwQgpnaynxEC, Book which was written byMr. DeLisle Worrellhave ETAG "ZgysR4XahkE"

Book which was published by International Monetary Fund since 2003-02-01 have ISBNs, ISBN 13 Code is 9781451892871 and ISBN 10 Code is 145189287X

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Book which have "35 Pages" is Printed at BOOK under CategoryBusiness and Economics

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