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Author | : Michael Carlberg |
Publisher | : Springer Science & Business Media |
Total Pages | : 336 |
Release | : 2005-03-04 |
Genre | : Business & Economics |
ISBN | : 9783540244455 |
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This book studies the international coordination of monetary and fiscal policies in the world economy. It carefully discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on monetary and fiscal competition between Europe and America. Similarly, as to policy cooperation, the focus is on monetary and fiscal cooperation between Europe and America. The spillover effects of monetary policy are negative while the spillover effects of fiscal policy are positive. The policy targets are price stability and full employment. The policy makers follow either cold-turkey or gradualist strategies. Policy expectations are adaptive or rational. The world economy consists of two, three or more regions. The present book is part of a larger research project on European Monetary Union, see the references at the back of the book. Some parts of this project were presented at the World Congress of the International Economic Association in Lisbon. Other parts were presented at the International Institute of Public Finance, at the Macro Study Group of the German Economic Association, at the Annual Meeting of the Austrian Economic Association, at the Gottingen Workshop on International Economics, at the Halle Workshop on Monetary Economics, at the Research Seminar on Macroeconomics in Freiburg, and at the Passau Workshop on International Economics.
Author | : Centre for Economic Policy Research (Great Britain) |
Publisher | : CUP Archive |
Total Pages | : 408 |
Release | : 1985 |
Genre | : Business & Economics |
ISBN | : 9780521337809 |
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This volume presents some of the best current research on international economic policy coordination.
Author | : David B. Timmins |
Publisher | : Lanham : University Press of America |
Total Pages | : 144 |
Release | : 1985 |
Genre | : International economic relations |
ISBN | : |
Download The International Economic Policy Coordination Instrument Book in PDF, ePub and Kindle
Author | : William H. Branson |
Publisher | : University of Chicago Press |
Total Pages | : 396 |
Release | : 2007-12-01 |
Genre | : Reference |
ISBN | : 0226071383 |
Download International Policy Coordination and Exchange Rate Fluctuations Book in PDF, ePub and Kindle
Since the five largest industrial democracies concluded the Plaza Agreement in 1985, the theory and practice of international economic policy coordination has become the subject of spirited academic and public-policy debate. While some view policy coordination as crucial for the construction of an improved international monetary system, others fear that it risks delaying or weakening the implementation of macroeconomic and structural policies. In these papers and comments, prominent international economists consider past and present interpretations of the meaning of international policy coordination; conditions necessary for coordination to be beneficial both to the direct participants and the global economy; influential factors for the quantitative impact of coordination; obstacles to coordination; the most—and least—effective methods of coordination; and future directions of the coordination process, including processes associated with greater fixity of exchange rates. These studies will be readily accessible to policymakers, while offering sophisticated analyses to interested scholars of the global economy.
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 59 |
Release | : 1988-06-29 |
Genre | : Business & Economics |
ISBN | : 1451969821 |
Download International Coordination of Economic Policies Book in PDF, ePub and Kindle
This paper discusses the scope, methods, and effects of international coordination of economic policies. In analyzing the scope for and of coordination, the paper addresses the rationale for coordination, barriers to coordination, the range and specificivity of policies to be coordinated, and the frequency of coordination. In evaluating the methods of coordination, the emphasis is on the broad issues of rules versus discretion, single-indicator versus multi-Indicator systems, and hegemonic versus symmetric systems. Finally, using the MULTIMOD global macroeconomic model, some simulations are presented of several rule-based proposals for coordination.
Author | : Willem H. Buiter |
Publisher | : |
Total Pages | : 386 |
Release | : 1985 |
Genre | : |
ISBN | : |
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Author | : Martin Feldstein |
Publisher | : University of Chicago Press |
Total Pages | : 346 |
Release | : 2007-11-01 |
Genre | : Business & Economics |
ISBN | : 0226241815 |
Download International Economic Cooperation Book in PDF, ePub and Kindle
"A readable, balanced, and provocative view of the prospects for fruitful international economic cooperation. The papers are realistic: each discusses the difficulties involved in reaching cooperative solutions or procedures as well as the benefits of doing so. The discussion among the conference participants is lively, interesting, and insightful."--William H. Branson, Princeton University
Author | : Wendy Dobson |
Publisher | : Washington, D.C. : Institute for International Economics |
Total Pages | : 192 |
Release | : 1991 |
Genre | : Business & Economics |
ISBN | : |
Download Economic Policy Coordination Book in PDF, ePub and Kindle
Author | : Mario Baldassarri |
Publisher | : Springer |
Total Pages | : 437 |
Release | : 2016-07-27 |
Genre | : Business & Economics |
ISBN | : 1349222569 |
Download International Economic Interdependence, Patterns of Trade Balances and Economic Policy Coordination Book in PDF, ePub and Kindle
The subject of this book is the kind of economic interaction and interdependence that has arisen among nations in the contemporary world economy, the nature and significance of the pattern of trade balances that have resulted from them, and the question of what, if anything, should be done by national governments about that pattern. The need for international coordination of economic policies is also investigated.
Author | : Wilfried Guth |
Publisher | : International Monetary Fund |
Total Pages | : 240 |
Release | : 1988-12-15 |
Genre | : Business & Economics |
ISBN | : 9781557750259 |
Download Economic Policy Coordination Book in PDF, ePub and Kindle
This volume, which presents the proceedings of a seminar moderated by Wilfred Guth in Hamburg, Germany, dicusses the extent of international policy coordination, its effectiveness, and how it can be expected to work in the future.