LEADER 03736nam 2200625Ia 450 001 9910463166703321 005 20200520144314.0 010 $a1-4755-2866-3 010 $a1-4755-9251-5 010 $a1-4755-7769-9 035 $a(CKB)2670000000420227 035 $a(EBL)1587734 035 $a(SSID)ssj0001036940 035 $a(PQKBManifestationID)11641719 035 $a(PQKBTitleCode)TC0001036940 035 $a(PQKBWorkID)11042587 035 $a(PQKB)10557570 035 $a(MiAaPQ)EBC1587734 035 $a(Au-PeEL)EBL1587734 035 $a(CaPaEBR)ebr10739462 035 $a(CaONFJC)MIL490292 035 $a(OCoLC)867927856 035 $a(EXLCZ)992670000000420227 100 $a20111102d2013 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe Eastern Caribbean economic and currency union$b[electronic resource] $emacroeconomics and financial systems /$fprepared by Alfred Schipke 210 $aWashington, D.C. $cInternational Monetary Fund$d2013 215 $a1 online resource (547 p.) 300 $aDescription based upon print version of record. 311 $a1-61635-265-5 320 $aIncludes bibliographical references and index. 327 $aCover; Contents; Foreword; Preface; Contributors; Abbreviations; PART I: INTRODUCTION AND SUMMARY; 1 The Eastern Caribbean Economic and Currency Union: Overview and Key Issues; PART II: THE SETTING; 2 The Economic, Social, and Political Setting; 3 Economic Integration and the Institutional Setup of the OECS/ECCU; PART III: GROWTH ISSUES; 4 Economic Growth; PART IV: FISCAL POLICY AND ADMINISTRATION; 5 Public Debt; 6 Enhancing Fiscal Revenue; 7 Public Expenditure Rationalization; 8 Fiscal Multipliers; 9 Experiences with Sovereign Debt Restructuring: Case Studies from the OECS/ECCU and Beyond 327 $aPART V: FINANCIAL SECTOR 10 The Banking Sector; 11 Credit Unions: Prospects and Challenges; 12 The Insurance Sector and the Collapse of CL Financial; 13 Capital Markets: An Example of a Regional Market; 14 Offshore Financial Centers: To Be or Not to Be?; PART VI: MONETARY AND EXCHANGE RATE ISSUES; 15 The Role of the Eastern Caribbean Central Bank; 16 The Optimal Exchange Rate Regime in the OECS/ECCU: A Medium-Term View; PART VII: EXTERNAL SECTOR; 17 External Competitiveness; PART VIII: THE ROLE OF THE PRIVATE SECTOR; 18 Impediments to Developing the Private Sector 327 $aPART IX: MACROECONOMIC STATISTICS 19 Macroeconomic Statistics for Policymaking; Index; 330 $aThe Eastern Caribbean Economic and Currency Union (OECS/ECCU) is one of four currency unions in the world. As in other parts of the world in the aftermath of the global economic and financial crisis, the region is at a crossroads, facing the major challenges of creating jobs, making growth more inclusive, reforming the banking system, and managing volatility, while grappling with high public debt and persistent low economic growth. Policymakers have the critical task of implementing strong reforms to strengthen the monetary union while also laying the foundation for accelerating growth. 606 $aEconomic development$zCaribbean Area 606 $aFiscal policy$zCaribbean Area 606 $aEconomic indicators$zCaribbean Area 608 $aElectronic books. 615 0$aEconomic development 615 0$aFiscal policy 615 0$aEconomic indicators 676 $a332.4/9729 700 $aSchipke$b Alfred$f1959-$0945826 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910463166703321 996 $aThe Eastern Caribbean economic and currency union$92136109 997 $aUNINA