Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP325 |
DP325 The Theory and Practice of International Policy Coordination: Does Coordination Pay? | |
Jane Rapson; Gordon Hughes; Gerald Holtham | |
发表日期 | 1989-07-01 |
出版年 | 1989 |
语种 | 英语 |
摘要 | This paper is a review of the theory and practice of international economic policy coordination. Coordination is defined as the joint control of some economic policies by several countries. We review the experience and the preferences of policymarkers for coordination since the War, and distinguish between the relative gains and the absolute gains. We then consider the evidence, from the academic literature, as to whether coordination is likely to pay, and we pick out some particular problems which make the policy design problem very difficult. Given that, we suggest a framework for coordinated policies involving a rule-based exchange rate management scheme aimed principally at capturing the gains of relative coordination. |
主题 | International Macroeconomics |
关键词 | International policy Policy coordination |
URL | https://cepr.org/publications/dp325 |
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/529480 |
推荐引用方式 GB/T 7714 | Jane Rapson,Gordon Hughes,Gerald Holtham. DP325 The Theory and Practice of International Policy Coordination: Does Coordination Pay?. 1989. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。