Hidden Bibliographic Details
Varying Form of Title: | Economic Resilience with an Exchange Rate Peg
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Other authors / contributors: | Greenidge, Kevin, Contributor.
Codrington, Harold, Contributor.
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ISBN: | 1462305466 9781462305469 1452770379 9781452770376 1282107798 9781282107793 9786613801142 6613801143 1451903537 9781451903539
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Notes: | English.
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Summary: | This paper discusses the institutional arrangements for exchange rate targeting in Barbados and the critical role they played in the policy response to its balance of payments crisis of 1991-92. The framework featured ongoing cooperation between the central bank and the Ministry of Finance, and the use of a forecast model which highlighted the size of fiscal adjustment needed to secure foreign reserves adequate to maintain the exchange rate peg.
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Other form: | 1-4518-5828-0
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