Rules and Discretion in International Economic Policy

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book Rules and Discretion in International Economic Policy by Manuel Mr. Guitián, INTERNATIONAL MONETARY FUND
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Author: Manuel Mr. Guitián ISBN: 9781452767130
Publisher: INTERNATIONAL MONETARY FUND Publication: June 15, 1992
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Manuel Mr. Guitián
ISBN: 9781452767130
Publisher: INTERNATIONAL MONETARY FUND
Publication: June 15, 1992
Imprint: INTERNATIONAL MONETARY FUND
Language: English
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Economic interdependence offers the potential for raising global welfare, but there is a fuzzy boundary between national interests and global objectives in the economic policy area. This paper examines the boundary area. It concludes that all international economic regimes must entail a mix of rules and discretion, and it considers the most appropriate weights to be given to rules and discretion.

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Economic interdependence offers the potential for raising global welfare, but there is a fuzzy boundary between national interests and global objectives in the economic policy area. This paper examines the boundary area. It concludes that all international economic regimes must entail a mix of rules and discretion, and it considers the most appropriate weights to be given to rules and discretion.

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