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postgraduate prospectus - The University of the West Indies, St ...

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T h e f a C u l T Y o f<br />

Social Sciences<br />

CariBBean CenTre for<br />

moneY anD finanCe (CCmf)<br />

<strong>The</strong> Centre evolved out <strong>of</strong> <strong>the</strong> previous Regional Programme <strong>of</strong> Monetary <strong>St</strong>udies (RPMS), a programme<br />

which had served <strong>the</strong> Caribbean well for <strong>the</strong> past twenty-seven years. <strong>The</strong> initial RPMS programme<br />

was established in 1968 as a partnership between Caribbean Central Banks, <strong>The</strong> <strong>University</strong> <strong>of</strong> <strong>the</strong><br />

<strong>West</strong> <strong>Indies</strong> and <strong>the</strong> <strong>University</strong> <strong>of</strong> Guyana, to undertake independent research <strong>of</strong> an empirical and<br />

<strong>the</strong>oretical nature in <strong>the</strong> areas <strong>of</strong> money and finance.<br />

<strong>The</strong> CCMF continues to provide credible forums for interaction between practitioners and scholars, while<br />

it continues to add to its own voluminous literature on monetary and financial matters. Besides <strong>the</strong>ir<br />

own research which has been ventilated in various academic forums, <strong>the</strong> staff (academic and nonacademic)<br />

has provided valiant assistance in <strong>the</strong> publication <strong>of</strong> our new journal and in <strong>the</strong> organizing<br />

<strong>of</strong> <strong>the</strong> Centre’s annual trademark Senior Level Policy Seminar and Annual Monetary <strong>St</strong>udies Conference<br />

which have gained a high reputation in <strong>the</strong> region. <strong>The</strong> Centre continues to service <strong>the</strong> CARICOM<br />

Central Bank Governors meetings by providing reports on economic performance in <strong>the</strong> region.<br />

<strong>The</strong> crisis <strong>of</strong> <strong>the</strong> international financial system highlights <strong>the</strong> timeliness <strong>of</strong> <strong>the</strong> centre’s broader focus<br />

on financial sector issues, in addition to economic policy issues. <strong>The</strong> CCMF is actively seeking to<br />

engage in a major regional collaborative project on financial risk analysis in <strong>the</strong> context <strong>of</strong> growing<br />

financial linkages within <strong>the</strong> Caribbean, in collaboration with CARTAC and o<strong>the</strong>r regional institutions.<br />

<strong>The</strong> difficulty <strong>of</strong> accessing data for regional comparisons is a matter <strong>of</strong> long standing concern. A<br />

CCMF project for establishing a database for such comparisons has been revised to take advantage<br />

<strong>of</strong> regional synergies and to identify information gaps that need to be filled. A third collaborative<br />

project for which funding is being sought addresses price formation and trends in inflation, also a<br />

matter <strong>of</strong> urgent concern to <strong>the</strong> region.<br />

In addition, <strong>the</strong> Centre:<br />

• Undertakes economic conferences:<br />

• <strong>The</strong> Senior Policy Seminar, usually held annually, will be held bi-annually in April and September.<br />

It pulls toge<strong>the</strong>r senior policy makers from <strong>the</strong> private and public sector around seminal policy<br />

issues bearing on Caribbean economies and finance<br />

• <strong>The</strong> Annual Monetary Conference held annually in November, constitutes <strong>the</strong> major conclave <strong>of</strong><br />

economists within <strong>the</strong> region<br />

• Produces, based on <strong>the</strong> proceeds <strong>of</strong> <strong>the</strong> economic conferences, <strong>the</strong> Journal <strong>of</strong> Business, Finance<br />

and Economic in Emerging Economics, which is a collaborative effort between <strong>the</strong> CCMF, <strong>the</strong><br />

departments <strong>of</strong> Economics and Management and SALISES<br />

• Assists on demand, specific training within Central Banks within <strong>the</strong> region<br />

• Supervises graduate students where appropriate, enrolled at <strong>the</strong> UWI<br />

• Supervises, when appropriate, Summer interns<br />

Dr. De lisle Worrell (Director)<br />

ms. K. Charles (administrative <strong>of</strong>ficer)<br />

Tel: 1 (868) 645-1174 or 645-1610<br />

Fax: 1 (868) 645-6017<br />

E-mail: ccmfuwi@sta.uwi.edu or delisle.worrell@sta.uwi.edu<br />

www.sta.uwi.edu t h e u n i v e r s i t y o f t h e w e s t i n d i e s – s t . a u g u s t i n e c a m p u s > page 73

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