A central bank is a unique organization and a multi-state central bank even more so, hence the value in having its leadership development program custom-made. The Eastern Caribbean Central Bank (ECCB) is the first multi-state central bank in the world, predating the European Central Bank. The major challenge is that the Bank has to coordinate and monitor the financial system and developing economies of its eight member states, six of which are independent nations. So, while striving to be a viable organization, the ECCB is also obligated to ensure that there is balanced growth and economic development in its member states. These member states face the usual vulnerabilities common to small island states as well as the adverse impact of the vagaries of the global financial system.
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