Assesses if the economies of Barbados, Jamaica, Trinidad and Tobago, and Guyana can form part of a Caribbean monetary union. Correlations between the demand and supply indicate that monetary union may lead to greater stabilization problems for these economies.
Argues that the architecture of the world monetary-financial sphere should be changed by reforming the Jamaica world monetary system and establishing a more transparent and sustainable mechanism for the transborder movement of capital. K. Cargill
