The international constraints on macroeconomic policies in interdependent economies (English)

This paper examines, within a theoretical framework, some of the constraints that the openness of the economy impose upon policy making. The openness of the economy imposes constraints on the effectiveness and proper conduct of macroeconomic policies but it also provides policy makers with information that may be usefully exploited in the design of policy. In order to set the stage for the analysis and in order to illustrate how the degree of integration...

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Author

Frenkel,Jacob S.;
Document Date
1986/01/31
Document Type
Departmental Working Paper
Report Number
CPD8626
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2017/11/19
Disclosure Status
Disclosed
Doc Name
The international constraints on macroeconomic policies in interdependent economies
Keywords
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Citation

Frenkel,Jacob S..

The international constraints on macroeconomic policies in interdependent economies (English). Country Policy Department discussion paper|no. CPD 1986-26 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/468061492129930012

The international constraints on macroeconomic policies in interdependent economies (English)

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