This paper is concerned with the design of institutional arrangements for low inflation in small open economies. In the real world of information asymmetries, uncertain expectations and changeable preferences, it is not enough to create an autonomous and publicly accountable central bank. In...

<P>1 Introduction; </P><I><P>Section A. Country, Regional and Comparative Studies: The Varieties of Economic Performance in SOEs</P></I><P>2 Human Development and Economic Stabilization: Comparative SOE Experiences; 3 Selected Country Experiences; 4 The Sources of Foreign Exchange in Caribbean and Central American...</p></p></i></p>