Financial Sector Reform in Jamaica During 1985-1992, Possible Lessons for the Caribbean

Financial Sector Reform in Jamaica During 1985-1992, Possible Lessons for the Caribbean
This paper reviews the Jamaican experience with indirect instruments and contrasts this with the currency board type arrangements of the common currency area governed by the Eastern Caribbean Central Bank (ECCB). Reforms in Jamaica improved intermediation and banking efficiency, but a weak fiscal position and interest rate caps undermined the... READ MORE...

Publication date: September 1995
ISBN 9781451851366
$15.00

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