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Interdépendance et coopération : les leçons d'une maquette

Author

Listed:
  • Franck Amalric

    (Center for Corporate Responsibility and Sustainbility)

  • Henri Sterdyniak

    (Observatoire français des conjonctures économiques)

Abstract

Le problème de la coordination se pose avec une acuité particulière en Europe du fait de la forte interdépendance des nations européennes et de la multiplicité des centres de décision. Grâce à une maquette à deux pays, pouvant se différencier par leurs propensions à l'inflation ou par leurs préférences en matière d'objectifs de politique économique, nous montrons que si chaque pays définit de façon autonome sa politique économique, il en résulte une situation inefficace au niveau mondial, les pays ayant tendance à essayer d'exporter leur inflation ou leur déficit commercial ce qui est globalement impossible. Bien que difficile à mettre en œuvre, la coordination des politiques économiques permet d'améliorer la situation des deux pays. Cette coordination apparaît d'autant plus souhaitable que les préférences des deux pays sont proches, du fait des politiques de taux de change concurrentielles qu'ils mèneraient sinon. Mais les négociations menant à la coordination des politiques économiques sont difficiles ; on peut donc leur préférer des règles telles que celles du SME. On montre, dans le cadre de notre maquette, que le SME conduit à une amélioration de la situation des pays par rapport à l'équilibre non-coopératif sans toutefois remplacer une véritable coordination.

Suggested Citation

  • Franck Amalric & Henri Sterdyniak, 1989. "Interdépendance et coopération : les leçons d'une maquette," Sciences Po publications info:hdl:2441/5262, Sciences Po.
  • Handle: RePEc:spo:wpmain:info:hdl:2441/5262
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    Cited by:

    1. Henri Sterdyniak & Pierre Villa, 1993. "Régimes de change et coordination des politiques économiques en Europe," Revue de l'OFCE, Programme National Persée, vol. 43(1), pages 307-348.
    2. Pierre Jaillet & Christian Pfister, 1993. "Du SME à la monnaie unique," Économie et Statistique, Programme National Persée, vol. 262(1), pages 21-36.
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    4. CEPII & OFCE & Marie-Hélène Blonde & Gérard Cornilleau & Pascal Helwaser & Jacques Le Cacheux & Jean Le Dem & Henri Sterdyniak & Bill Robinson & Stephen Smith, 1990. "Vers une fiscalité européenne ?," Revue de l'OFCE, Programme National Persée, vol. 31(1), pages 121-189.
    5. Jean Bensaïd & Frédéric Gavrel, 1993. "UEM et coordination des politiques budgétaires," Économie et Prévision, Programme National Persée, vol. 109(3), pages 47-56.

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