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  • 1
    Online Resource
    Online Resource
    Washington, D.C : International Monetary Fund, Strategy, Policy, and Review Department
    UID:
    gbv_856304352
    Format: 1 Online-Ressource (circa 23 Seiten) , Illustrationen
    ISBN: 9781513584607 , 151358460X , 1513510347 , 9781513510347
    Series Statement: IMF working paper WP/15/156
    Content: This paper examines domestic policy cooperation, a curiously neglected issue. Both international and domestic cooperation were live issues in the 1970s when the IS/LM model predicted very different external outcomes from monetary and fiscal policies. Interest in domestic policy cooperation has since fallen on hard intellectual times-with knock-ons to international cooperation-as macroeconomic policy roles became highly compartmentalized. I first discuss the intellectual and policy making undercurrents behind this neglect, and explain why they are less relevant after the global crisis. This is followed by a discussion of: macroeconomic policy cooperation in a world of more fiscal activism; coordination across financial agencies and with macroeconomic policies; and how structural policies fit into this. The paper concludes with a proposal for a 'grand bargain' across principle players to create a 'new domestic cooperation.'
    Note: "July 2015. - Gesehen am 20.07.2015
    Additional Edition: Erscheint auch als Druck-Ausgabe Bayoumi, Tamim The Dog That Didn't Bark: The Strange Case of Domestic Policy Cooperation in the "New Normal" Washington, D.C. : International Monetary Fund, 2015 ISBN 9781513584607
    Language: English
    Keywords: Arbeitspapier ; Graue Literatur
    URL: Volltext  (kostenfrei)
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