1. Price dynamics in the Eastern Caribbean.
- Author
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Yan Sun and Duttagupta, Rupa
- Subjects
- *
FOREIGN exchange rates , *MONETARY policy , *INTERNATIONAL economic relations , *INTERNATIONAL economic integration , *ECONOMIC policy - Abstract
The article examines the influence of Eastern Caribbean Currency Union (ECCU) exchange rate arrangement on price dynamics in the six fund-member ECCU countries. ECCU is one of the two currency unions with a fixed exchange rate. The article assesses the impact of U.S. price movement on ECCU price dynamics and looks at real exchange rate stability within the ECCU countries. It concludes that domestic policies and structural differences play a role in inflation in the ECCU.
- Published
- 2008