01620cas a2200265 a 4500 AALejournalIMF005732 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451872248 1018-5941 BD-DhAAL BD-DhAAL Samuel, Wendell. Optimal Reserves in the Eastern Caribbean Currency Union / Wendell Samuel, Emilio Pineda, Mario Dehesa. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (20 pages) IMF Working Papers <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 Recent turbulence in global and Caribbean regional financial markets underscore the importance of reassessing the adequacy of international reserves held by the Eastern Caribbean Central Bank (ECCB). Using the Jeanne (2007) optimization framework, this paper finds that international reserves held by the ECCB are generally adequate for a variety of external current account and capital account shocks. However, the ECCB would be challenged in the event of moderate to severe deposit outflows. Mode of access: Internet Dehesa, Mario. Pineda, Emilio. IMF Working Papers; Working Paper ; No. 2009/077 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/077/001.2009.issue-077-en.xml IMF e-Library