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Three Key Topics for the G20 Macroeconomic Policy Coordination: Integration, Imbalance and Spillover

In: The Change of Global Economic Governance and China

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  • Yuyan Zhang

    (Chinese Academy of Social Sciences)

Abstract

We pointed out earlier that macroeconomic policy coordination is based on global economy integration while unsymmetrical influence and the spillover effects existing in the integration, particularly unsymmetrical spillovers of macroeconomic policies in the condition of an imbalanced global economy. It finally leads to the conflicts of macroeconomic policies and the need for coordination.

Suggested Citation

  • Yuyan Zhang, 2022. "Three Key Topics for the G20 Macroeconomic Policy Coordination: Integration, Imbalance and Spillover," Springer Books, in: The Change of Global Economic Governance and China, chapter 0, pages 437-460, Springer.
  • Handle: RePEc:spr:sprchp:978-981-19-0699-2_26
    DOI: 10.1007/978-981-19-0699-2_26
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