LEADER 06949oam 22015614 450 001 9910787668903321 005 20230803031324.0 010 $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(IMF)MFSEEE 035 $a(IMF)MFSEEA 035 $a(EXLCZ)992670000000420227 100 $a20020129d2013 uf 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe Eastern Caribbean Economic and Currency Union : $eMacroeconomics and Financial Systems /$fAlfred Schipke, Aliona Cebotari, Nita Thacker 210 1$aWashington, D.C. :$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 3 $aThe Eastern Caribbean Economic and Currency Union (OECS/ECCU) is one of four currency unions in the world. As in other parts of the world in the aftermath of the global economic and financial crisis, the region is at a crossroads, facing the major challenges of creating jobs, making growth more inclusive, reforming the banking system, and managing volatility, while grappling with high public debt and persistent low economic growth. Policymakers have the critical task of implementing strong reforms to strengthen the monetary union while also laying the foundation for accelerating growth. This Handbook provides a comprehensive analysis of the key issues in the OECS/ECCU, including its organization and economic and financial sector linkages, and provides policy recommendations to foster economic growth. 410 0$aBooks 606 $aEconomic development$zCaribbean Area 606 $aFiscal policy$zCaribbean Area 606 $aEconomic indicators$zCaribbean Area 606 $aBanks and Banking$2imf 606 $aFinance: General$2imf 606 $aFinancial Risk Management$2imf 606 $aPublic Finance$2imf 606 $aTaxation$2imf 606 $aExports and Imports$2imf 606 $aForeign Exchange$2imf 606 $aDebt$2imf 606 $aDebt Management$2imf 606 $aSovereign Debt$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aTaxation, Subsidies, and Revenue: General$2imf 606 $aNational Government Expenditures and Related Policies: General$2imf 606 $aGeneral Financial Markets: General (includes Measurement and Data)$2imf 606 $aPublic finance & taxation$2imf 606 $aFinance$2imf 606 $aBanking$2imf 606 $aInternational economics$2imf 606 $aInvestment & securities$2imf 606 $aCurrency$2imf 606 $aForeign exchange$2imf 606 $aPublic debt$2imf 606 $aCredit bureaus$2imf 606 $aExpenditure$2imf 606 $aRevenue administration$2imf 606 $aDebt restructuring$2imf 606 $aFinancial markets$2imf 606 $aAsset and liability management$2imf 606 $aDebts, Public$2imf 606 $aBanks and banking$2imf 606 $aDebts, External$2imf 606 $aCredit ratings$2imf 606 $aExpenditures, Public$2imf 606 $aRevenue$2imf 607 $aCaribbean Area$xEconomic policy 607 $aSt. Lucia$2imf 615 0$aEconomic development 615 0$aFiscal policy 615 0$aEconomic indicators 615 7$aBanks and Banking 615 7$aFinance: General 615 7$aFinancial Risk Management 615 7$aPublic Finance 615 7$aTaxation 615 7$aExports and Imports 615 7$aForeign Exchange 615 7$aDebt 615 7$aDebt Management 615 7$aSovereign Debt 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aTaxation, Subsidies, and Revenue: General 615 7$aNational Government Expenditures and Related Policies: General 615 7$aGeneral Financial Markets: General (includes Measurement and Data) 615 7$aPublic finance & taxation 615 7$aFinance 615 7$aBanking 615 7$aInternational economics 615 7$aInvestment & securities 615 7$aCurrency 615 7$aForeign exchange 615 7$aPublic debt 615 7$aCredit bureaus 615 7$aExpenditure 615 7$aRevenue administration 615 7$aDebt restructuring 615 7$aFinancial markets 615 7$aAsset and liability management 615 7$aDebts, Public 615 7$aBanks and banking 615 7$aDebts, External 615 7$aCredit ratings 615 7$aExpenditures, Public 615 7$aRevenue 676 $a332.4/9729 700 $aSchipke$b Alfred$01501097 701 $aCebotari$b Aliona$01493481 701 $aThacker$b Nita$01536606 801 0$bDcWaIMF 906 $aBOOK 912 $a9910787668903321 996 $aThe Eastern Caribbean Economic and Currency Union$93866094 997 $aUNINA