|
|
Books
Published by the Bank
- Facing Globalisation :
Impact & Challenges for Barbados and the Caribbean
edited by Harold Codrington, Roland Craigwell and Darrin
Downes.
Central Bank of Barbados, 2003. 238 p. US $20.00
- Central Banking in
Barbados : reflections and challenges
edited by Harold Codrington, Roland Craigwell and Cleviston
Haynes
Central Bank of Barbados, 1997. 238 p. US $25.00
- Chronicle of a Central
Bank policy
Muriel Saunders & Celeste Wood
Central Bank of Barbados, 1988. 26 p. [Out of Print]
- Chronicle of a Central
Bank policy : 1972 - 1997
Muriel Saunders & Celeste Wood
Central Bank of Barbados, 1998. 26 p.
- The Economy of
Barbados 1946 - 1980
edited by DeLisle Worrell
Central Bank of Barbados, 1982. 199 p. [Out of Print]
- The First Decade 1972
- 82 : the story of the Central Bank of Barbados and a
record of its achievement over the first ten years of its
existence
Central Bank of Barbados, 1983. 57 p. [Out of Print]
- The Practice of
persuasion : selected speeches
by Courtney N. Blackman
Central Bank of Barbados, 1982. 177 p. [Out of Print]
- Sir Winston Scott
Memorial Lectures : 1976 - 1996
Central Bank of Barbados, 1997. 396 p.
Books Written by
Staff
- Liberalising a
regulated banking system : the Caribbean case
Marion V. Williams
Avebury, 1996, 308 p ISBN: 1-85972-432-9.
The author argues that monetary
controls impact adversely on commercial bank performance and on
banks' market share, and that simultaneous implementation of
monetary and prudential regulation can undermine objectives of
monetary stability and growth of the banking system. Typically,
those monetary measures most frequently applied to protect the
balance of payments, force cost adjustments and non-optimal
portfolio realignments which stymie commercial bank performance.
However, liberalisation, though inevitable, can frustrate
macroeconomic objectives. The author formulates a model to test
the impact of monetary and prudential regulation on bank
performance. The model derives regulation and performance
indices using data from three Caribbean countries, Barbados,
Jamaica and Trinidad and Tobago, but can be applied to measure
the degree of financial liberalision and bank performance in any
country irrespective of size. Results show that financial
liberalisation impacts positively on macroeconomic performance
over the long run, but can contribute to macroeconomic
instability in the short and medium term.
|
|