Macroeconomic Policy and Economic Interdependence
Donald R. Hodgman · Geoffrey E. Wood
Jan 1989 · Springer
I-Ebook
331
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reportIzilinganiso nezibuyekezo aziqinisekisiwe Funda Kabanzi
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The contributors examine the conduct and consequences of national macroeconomic policy in a world of economically independent countries. The book's main themes include the effect of deregulation and financial innovation and of budget deficits on monetary policy, the role of exchange rates in the international transmission of disturbances of a monetary or fiscal origin, the effectiveness of price controls in moderating the economic cost of deflationary maroeconomic policies and the implications of cooperative versus non-cooperative approaches to policy under conditions of economic interdependence.
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