The Eastern Caribbean currency arrangement is one of the region’s most durable collective institutions. Since 7 July 1976, the EC dollar has remained fixed at EC$2.70 to US$1, supported by pooled foreign reserves, common monetary authority, legal commitment and sustained political cooperation. This monetary anchor has protected convertibility, payment continuity and confidence across eight highly vulnerable small jurisdictions. Yet monetary stability has not by itself generated the productive diversification, distributive inclusion, ecological resilience, regional ownership or institutional capability required for long-term viability. This paper argues that the next fifty years should not be organized around abandonment of the peg, but around completion of the architecture attached to it. Drawing on the ECCB’s founding mandate, regional economic integration, development-finance practice, human-development theory, comprehensive-wealth accounting, environmental-economic accounting, sustainable-finance taxonomies and governance safeguards, the paper develops a life-coherent framework for finance. It proposes a seven-part test covering life-necessity, capacity, distribution, external viability, resilience, regeneration and democratic accountability. It then outlines a layered architecture comprising regional project preparation, wholesale development finance, strengthened guarantees, purpose-governed credit, voluntary mobilization of regional savings, a life-coherent investment taxonomy, an Anchor-and-Purpose Dashboard and protections against political, private, bureaucratic and epistemic capture. A sequenced transition moves from foundations in 2026–2027, through demonstration in 2028–2030 and integration in 2031–2035, toward longer-term institutional maturity. The central thesis is that the anchor should be preserved while the vessel is repaired: monetary confidence must become a platform for productive, resilient, just and ecologically viable regional life.
