Eastern Caribbean Currency Union: Selected Issues

June 2, 2009

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Eastern Caribbean Currency Union: Selected Issues, (USA: International Monetary Fund, 2009) accessed December 22, 2024

Summary

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.

Subject: Environment, Financial institutions, Fiscal policy, Foreign exchange, Insurance, Natural disasters, Public debt, Real exchange rates

Keywords: Caribbean, CR, ECCB reserves, ECCU country, ECCU economy, Founder business personality, Insurance, ISCR, Natural disasters, Ponzi scheme, Real exchange rates

Publication Details

Pages:

63
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/176
Stock No:

1ECCEA2009002
ISBN:

9781451811742
ISSN:

1934-7685

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