Sir K Dwight Venner: Recent financial and economic developments in the Eastern Caribbean Presentation by Sir K Dwight Venner, Governor of the Eastern Caribbean Central Bank, on the ECCB 2010/11 Annual Report, St Kitts, 29 June 2011. *  *  *  Good evening fellow citizens of the Eastern Caribbean Currency Union.
The paper then points out that, in the existing data, which do not sufficiently cover the increase in intangible assets, the amount of investment appears to be smaller than the theoretically optimal level. I will not go into more detail, but the paper also refers to the possibility that such an increase in intangible assets may weaken the effectiveness of monetary policy.