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5 Islands of Stability? Determinants of Macroeconomic Volatility in the Eastern Caribbean Currency Union

5 Islands of Stability? Determinants of Macroeconomic Volatility in the Eastern Caribbean Currency Union »

Source: The Caribbean : From Vulnerability to Sustained Growth

Series: Books

Author(s): David Robinson , Paul Cashin , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2006

ISBN: 9781589065147

Keywords: disasters, debt, disaster, public debt, tourism

With their high degree of openness, dependence on tourism, and proneness to natural disasters, the countries of the Eastern Caribbean Currency Union (ECCU) are unusually exposed to external shoc...

3 Domestic Lending in Foreign Currency

3 Domestic Lending in Foreign Currency »

Source: Building Strong Banks Through Surveillance and Resolution

Series: Books

Author(s): Charles Enoch , Dewitt Marston , and Michael Taylor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 September 2002

ISBN: 9781589060432

Keywords: banking, loans, restructuring, debt, asset management

The availability of foreign currency loans to domestic borrowers has expanded as a natural result of increased global liquidity and the liberalization of domestic fi...