Monetary Policy, Central Banking and Economic Performance in the Caribbean - Boyd, Derick; Smith, Ron
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Traces the historical origins and evolution of the variety of Caribbean economic institutions and examines the effect of policy regime on economic performance, using theoretical economic analysis and several econometric techniques, which are explained in detail. It concludes that better economic performance has benefited from an embedded tradition of conservative central banking, either hardwired, as in the case of a currency board, or through discretionary policies.

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Produktbeschreibung
Traces the historical origins and evolution of the variety of Caribbean economic institutions and examines the effect of policy regime on economic performance, using theoretical economic analysis and several econometric techniques, which are explained in detail. It concludes that better economic performance has benefited from an embedded tradition of conservative central banking, either hardwired, as in the case of a currency board, or through discretionary policies.
Autorenporträt
Derick Boyd is Executive Director of the Caribbean Centre for Money and Finance, University of the West Indies, St Augustine, Trinidad and Tobago, and Reader in Economics, University of East London, where he teaches econometrics and macroeconomics. He was a Fulbright-Hays visiting senior scholar, Massachusetts Institute of Technology, Cambridge, United States, and a former lecturer in economics at the University of the West Indies, Mona, Jamaica.