International Policy Coordination and Exchange Rate Fluctuations

International Policy Coordination and Exchange Rate Fluctuations

4.11 - 1251 ratings - Source

Since the five largest industrial democracies concluded the Plaza Agreement in 1985, the theory and practice of international economic policy coordination has become the subject of spirited academic and public-policy debate. While some view policy coordination as crucial for the construction of an improved international monetary system, others fear that it risks delaying or weakening the implementation of macroeconomic and structural policies. In these papers and comments, prominent international economists consider past and present interpretations of the meaning of international policy coordination; conditions necessary for coordination to be beneficial both to the direct participants and the global economy; influential factors for the quantitative impact of coordination; obstacles to coordination; the mosta€”and leasta€”effective methods of coordination; and future directions of the coordination process, including processes associated with greater fixity of exchange rates. These studies will be readily accessible to policymakers, while offering sophisticated analyses to interested scholars of the global economy.Froot illustrated how change in U.S. corporate tax provisions affected U.S. direct investment inflows and outflows in the ... production from one source to another; and (b) to the extent that MNCs have market power, they may be well placed toanbsp;...

Title:International Policy Coordination and Exchange Rate Fluctuations
Author: William H. Branson, Jacob A. Frenkel, Morris Goldstein
Publisher:University of Chicago Press - 2007-12-01

You must register with us as either a Registered User before you can Download this Book. You'll be greeted by a simple sign-up page.

Once you have finished the sign-up process, you will be redirected to your download Book page.

How it works:
  • 1. Register a free 1 month Trial Account.
  • 2. Download as many books as you like (Personal use)
  • 3. Cancel the membership at any time if not satisfied.

Click button below to register and download Ebook
Privacy Policy | Contact | DMCA