European Parliament Library

Eastern Caribbean Currency Union :, Selected Issues

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
Table Of Contents
Cover; Contents; Executive Summary; I. ECCU Business Cycles: Impact of the United States; Table 1. Growth Elasticities in the Caribbean; Figure 1. ECCU: Responses to One Percent U.S. Growth Shock; Figure 2. Antigua and Barbuda: Responses to One Percent U.S. Growth Shock; II. Optimal Reserves in the ECCU; Figure 1. ECCU: Optimal Level of Reserves Given Different Shocks to the Current Account; Figure 2. ECCU: Optimal Level of Reserves: Different Intensities of Bank Run; Figure 3. ECCU: Optimal Level of Reserves: Different Intensities of Projected Bank Run; III. Ponzi Schemes in the Caribbean
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (64 p.)
Specific Material Designation
Form Of Item

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