01639cas a2200241 a 4500 AALejournalIMF004956 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451811728 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Eastern Caribbean Currency Union : Selected Issues. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (102 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper assesses the evolution of Eastern Caribbean Currency Union (ECCU) real exchange rates over time, and examines whether the region has lost competitiveness. The main finding is that there is little evidence of overvaluation of the Eastern Caribbean (EC) dollar. The relationship summarized above permits the calculation of equilibrium current account balances or norms. The financing of ECCU current account imbalances appears stable. This paper also provides evidence on the distinctive impact that tourism plays in the determination of the real exchange rate in tourism-driven economies. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2008/096 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/096/002.2008.issue-096-en.xml IMF e-Library