G2TT
来源类型Discussion paper
规范类型论文
来源IDDP325
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
URLhttps://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.
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