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- Monetary Policy, Central Banking and Economic Performance in the Caribbean
Monetary Policy, Central Banking and Economic Performance in the Caribbean
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Traces the historical origins and evolution of the variety of Caribbean economic institutions and examines the effect of policy regime on economic performance, using theoretical economic analysis and several econometric techniques, which are explained in detail. It concludes that better economic performance has benefited from an embedded tradition of conservative central banking, either hardwired, as in the case of a currency board, or through discretionary policies.
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