Eastern Caribbean Currency Union: Selected Issues
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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.
Series:
Country Report No. 2009/176
Subject:
Environment Financial institutions Fiscal policy Foreign exchange Insurance Natural disasters Public debt Real exchange rates
English
Publication Date:
June 2, 2009
ISBN/ISSN:
9781451811742/1934-7685
Stock No:
1ECCEA2009002
Pages:
63
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