In most countries, the central bank is required to hold reserve assets as a means of providing credibility for the value of the fiat currency. These assets can be in the form of gold, foreign exchange or some other internationally recognised reserve asset and are held to permit the country to...

In most countries, the central bank is required to hold reserve assets as a means of providing credibility for the value of the fiat currency. These assets can be in the form of gold, foreign exchange, or some other internationally recognised reserve asset and are held to permit the country to...

Since the establishment of the Central Bank of Barbados in May 1972, the focus has been on acquiring a deep understanding of the domestic economic challenges and the broader issues surrounding sustainable development in small states. While most of this research, as should be expected, has...