Advanced Search
MyIDEAS: Login to save this article or follow this journal

International Policy Coordination: Experience and prospects

Contents:

Author Info

  • L. R. Klein

    (University of Pennsylvania)

Abstract

International policy coordination in terms of fiscal, monetary, commercial, and industrial policies are considered in this paper. Coordination does not mean that policies are to be the same in various countries, but that they should fit together in a balanced way to promote economic growth and stabilization. The different policy concepts are explained, and reasons are given for desiring international coordination. A primary concern is the effects of these policies on exchange rate stability. It is not surprising that the members of the EU, in preparing for the initiation of the European Monetary System are using coordinated policies to achieve convergence, as a prerequisite for membership. The policies of fiscal consolidation in Europe are not necessarily unique or optimal for achieving the stated goals. Other patterns of coordination that might have worked better for the European countries are considered. Policy coordination to deal with the Asian financial crises of 1997 are also discussed. A case is made in general terms, not associated with any particular economic events, for coordination among countries by means of counter cyclical policy intervention.

Download Info

To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Bibliographic Info

Article provided by Department of Economics, Delhi School of Economics in its journal Indian Economic Review.

Volume (Year): 32 (1997)
Issue (Month): 1 (January)
Pages: 1-11

as in new window
Handle: RePEc:dse:indecr:v:32:y:1997:i:1:p:1-11

Contact details of provider:
Postal: University of Delhi, Delhi 110 007
Phone: 91-11-2766-6533/34/35, 2766-6703/04/05
Fax: +91-11-7667159
Email:
Web page: http://www.ierdse.org/
More information through EDIRC

Order Information:
Email:
Web: http://www.ierdse.org/

Related research

Keywords:

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:dse:indecr:v:32:y:1997:i:1:p:1-11. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Pami Dua).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.