New from the IMF—debt and development issues in the Caribbean and a study on the financial challenges facing Latin America. Also featured in this newsletter is a noteworthy title looking at the Eastern Caribbean Currency Union.

"This fascinating and timely book documents in detail a variety of options for tackling fiscal and debt challenges in the Caribbean. It is a model of how both international and domestic case studies can combine with economic theory to deepen our understanding of the challenges of debt reduction. A must read for all policymakers in the Caribbean and other developing countries."

Dr. Winston Moore

The Eastern Caribbean Economic and Currency Union

Macroeconomics and Financial Systems

"This book sets out to present a comprehensive survey and review of the major macroeconomic issues of relevance to the ECCU and it accomplishes this with great success! The level and scope of the analysis will make it attractive to policymakers and regional academics. Particular chapters can be used to augment standard readings for courses on macroeconomics and Caribbean economic development."

Dr. Lester Henry

Lecturer in Economics, University of the West Indies, St. Augustin, Trinidad and Tobago