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|c 5.00 USD
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|z 9781451872422
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|a 1018-5941
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|c BD-DhAAL
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|a Carvajal, Ana.
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|a Ponzi Schemes in the Caribbean /
|c Ana Carvajal, Hunter Monroe, Catherine Pattillo, Brian Wynter.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2009.
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|a 1 online resource (44 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a In several Caribbean states, unregulated investment schemes grew quickly in recent years by claiming unusually high monthly returns and through a system of referrals by existing members. These are features shared with traditional Ponzi schemes and pyramid schemes. This paper describes the growth of such schemes, their subsequent collapse, and the policy response of regulators, and presents key policy lessons. The analysis and recommendations draw on country experiences in the Caribbean, and in such diverse countries as the United States, Colombia, Lesotho, and Albania.
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|a Mode of access: Internet
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|a Monroe, Hunter.
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|a Pattillo, Catherine.
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|a Wynter, Brian.
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|a IMF Working Papers; Working Paper ;
|v No. 2009/095
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2009/095/001.2009.issue-095-en.xml
|z IMF e-Library
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