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https://www.um.edu.mt/library/oar/handle/123456789/31541| Title: | Economic resilience with an exchange rate peg : the Barbados experience |
| Other Titles: | Building the economic resilience of small states |
| Authors: | Worrell, DeLisle Codrington, Harold Craigwell, Roland Greenidge, Kevin |
| Keywords: | Industrial policy -- Barbados Barbados -- Economic conditions Macroeconomics -- Barbados |
| Issue Date: | 2006 |
| Publisher: | Formatek Ltd.. |
| Citation: | Worrell, D., Codrington, H., Craigwell, R., & Greenidge, K. (2006). Economic resilience with an exchange rate peg: the Barbados experience. In L. Briguglio, G. Cordina, E.J. Kisanga (Eds.), Building the economic resilience of small states (pp. 77-96). Blata I-Bajda: Formatek Ltd. |
| Abstract: | This paper discusses the institutional arrangements for exchange rate targeting in Barbados, and the critical role they played in the policy response to the 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. |
| URI: | https://www.um.edu.mt/library/oar//handle/123456789/31541 |
| ISBN: | 9990949239 |
| Appears in Collections: | Building the economic resilience of small states |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Economic_resilience_with_an_exchange_rate_peg.pdf Restricted Access | 951.49 kB | Adobe PDF | View/Open Request a copy |
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