Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund. Strategy, Policy, and Review Department.
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| ISBN: | 151358460X
9781513584607
1513554557
9781513554556
1513510347
9781513510347
9781513584607
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| Notes: | "July 2015."
Includes bibliographical references.
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| Summary: | "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. The author first discusses 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.'"--Abstract.
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| Other form: | Print Version: 9781513584607
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| Standard no.: | 10.5089/9781513584607.001
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