| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP81 |
| DP81 European Policy Coordination: An Evaluation | |
| Gilles Oudiz | |
| 发表日期 | 1985-10-01 |
| 出版年 | 1985 |
| 语种 | 英语 |
| 摘要 | Uncoordinated macroeconomic policies lead to 'beggar thy neighbour' strategies which are clearly suboptimal for the European Community as a whole. Given the high degree of interdependence of their economies, European governments have a clear incentive to export their inflation or their unemployment. No formal model is needed to conclude that among countries which have similar economic structures, policy objectives and policy instruments such competition is bound to be futile and costly for all concerned. In this paper we try to shed light on these aspects of European policy coordination, both through the use of a simple analytic model and through an empirical evaluation of the potential gains of superior European strategies. |
| 主题 | International Macroeconomics |
| 关键词 | Beggar-thy-neighbour policies Europe Macroeconomic policy coordination |
| URL | https://cepr.org/publications/dp81 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529236 |
| 推荐引用方式 GB/T 7714 | Gilles Oudiz. DP81 European Policy Coordination: An Evaluation. 1985. |
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