This study examines how monetary and fiscal policies are implemented in Caribbean small states, tracing the differences and similarities in tax structure, current expenditure and current revenues. It shows the impact of monetary policy on inflation and the importance of exchange rate regimes to the effectiveness of monetary policy in the region.
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Anthony Birchwood is a Research Fellow at the Caribbean Centre for Money and Finance. He has published widely in areas of related to banking, monetary and fiscal policy, trade and economic integration.|Dr Marielle Goto is a Caribbean-born economist specialising in the analysis of small states macroeconomics. She is the author of a number of papers on vulnerability and macroeconomic policies in the Caribbean and issues of vulnerability and resilience.
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