02083cas a2200241 a 4500 AALejournalIMF020804 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513536262 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Eastern Caribbean Currency Union : Selected Issues. Washington, D.C. : International Monetary Fund, 2020. 1 online resource (53 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 Selected Issues paper focuses on the need and importance of fiscal integration for the Eastern Caribbean Currency Union (ECCU). The continued success of the currency union can be solidified by greater fiscal policy integration. Against the growing intensity of external shocks, country-level fiscal policies remain as the most important policy lever. Regional fiscal policy coordination could usefully supplement national policies in dealing with adverse shocks. Such coordination can potentially create fiscal and policy space along several dimensions. Internationally, fiscal integration takes many forms, depending on the interconnectedness of member economies and their willingness to give up fiscal autonomy. The analysis shows there is scope for tangibly improving tax incentives and rebalancing them toward those that are more effective, while using higher revenues to attract investment also through better infrastructure. Regional coordination could significantly support and accelerate those processes. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2020/071 Full text available on IMF http://elibrary.imf.org/view/journals/002/2020/071/002.2020.issue-071-en.xml IMF e-Library