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Do Credible Domestic Institutions Promote Credible International Agreements?

  • Paola Conconi
  • Carlo Perroni

We examine the relationship between international policy coordination and domestic policy reputation when both are self-sustaining. We show that domestic policy commitment does not necessarily facilitate international cooperation; rather, efficient policies may be most easily sustained when governments are unable to pre-commit to policy domestically. Moreover, the lack of domestic commitment is more likely to facilitate international cooperation the larger the international spillovers of domestic policies are.

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Paper provided by ULB -- Universite Libre de Bruxelles in its series ULB Institutional Repository with number 2013/98549.

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Date of creation: 2009
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Publication status: Published in: Journal of international economics (2009) v.79,p.160-170
Handle: RePEc:ulb:ulbeco:2013/98549
Contact details of provider: Postal: CP135, 50, avenue F.D. Roosevelt, 1050 Bruxelles
Web page: http://difusion.ulb.ac.be

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