Journal Article

International policy coordination: can we afford it?


Abstract: A proposition that detailed global coordination of macroeconomic policies could have negative effects on real economic growth and efficiency, and that the integrity of private markets would be better assured through the maintenance of long-term nominal policy targets.

Keywords: International economic relations;

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Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1989

Issue: Jan

Order Number: 1