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Central banking in a developing economy

Terrence W. Farrell

This monograph written for the Central Bank's 25th anniversary in 1989, outlines and discusses the monetary and financial policies implemented by the central bank from its foundation in 1964 to 1989. The personalities who formulated the policies and the economic context within which the policies were pursued are discussed, along with an assessment of the efficacy of policies as implemented. The work also adds to the economic historiography of Trinidad and Tobago. The question of the independence of then central bank in a small developing country is discussed.

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