In order for the CSME to function effectively, there is a need to harmonise, and I would go so far as to say, “unify”, the rules and guidelines governing the conduct of businesses across the region. The CARICOM Secretariat has started with the financial sector and has framed a Financial Services Agreement.
As policy formulation of any kind is a learning process, policy makers are often guided by past experiences. Therefore, today I have chosen to speak on the topic of “Evolving Role of Central Banks”. Evolution of Central Banks 5.