LEADER 04451nam 2200697Ia 450 001 9910819466303321 005 20200520144314.0 010 $a1-281-22319-0 010 $a9786611223199 010 $a0-226-07138-3 024 7 $a10.7208/9780226071381 035 $a(CKB)1000000000403328 035 $a(EBL)408336 035 $a(OCoLC)212412965 035 $a(SSID)ssj0000181503 035 $a(PQKBManifestationID)11172223 035 $a(PQKBTitleCode)TC0000181503 035 $a(PQKBWorkID)10165910 035 $a(PQKB)11557436 035 $a(MiAaPQ)EBC408336 035 $a(DE-B1597)535570 035 $a(OCoLC)824143735 035 $a(DE-B1597)9780226071381 035 $a(Au-PeEL)EBL408336 035 $a(CaPaEBR)ebr10216984 035 $a(CaONFJC)MIL122319 035 $a(EXLCZ)991000000000403328 100 $a19900405d1990 uy 0 101 0 $aeng 135 $aurun#---|u||u 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 00$aInternational policy coordination and exchange rate fluctuations /$fedited by William H. Branson, Jacob A. Frenkel, and Morris Goldstein 205 $a1st ed. 210 $aChicago $cUniversity of Chicago Press$d1990 215 $a1 online resource (x, 382 pages) $cillustrations 225 1 $aA National Bureau of Economic Research conference report 300 $a"Contains the papers and their formal discussions presented at a National Bureau of Economic Research conference held at Kiawah Island, South Carolina, on October 27-29, 1988"--Pref. 311 0 $a0-226-07141-3 320 $aIncludes bibliographical references and indexes. 327 $tFront matter --$tContents --$tPreface --$tIntroduction --$t1. The Rationale for, and Effects of, International Economic Policy Coordination --$t2. The Coordination of Macroeconomic Policies --$t3. Obstacles to Coordination, and a Consideration of Two Proposals to Overcome Them: International Nominal Targeting (INT) and the Hosomi Fund --$t4. Equilibrium Exchange Rates --$t5. The Effectiveness of Foreign- Exchange Intervention: Recent Experience, 1985- 1988 --$t6. Can the European Monetary System be Copied Outside Europe? Lessons from Ten Years of Monetary Policy Coordination in Europe --$t7. The Case for International Coordination of Financial Policy --$t8. Multinational Corporations, Exchange Rates, and Direct Investment --$t9. Adequacy of International Transactions and Position Data for Policy Coordination --$tContributors --$tAuthor Index --$tSubject Index 330 $aSince the five largest industrial democracies concluded the Plaza Agreement in 1985, the theory and practice of international economic policy coordination has become the subject of spirited academic and public-policy debate. While some view policy coordination as crucial for the construction of an improved international monetary system, others fear that it risks delaying or weakening the implementation of macroeconomic and structural policies. In these papers and comments, prominent international economists consider past and present interpretations of the meaning of international policy coordination; conditions necessary for coordination to be beneficial both to the direct participants and the global economy; influential factors for the quantitative impact of coordination; obstacles to coordination; the most-and least-effective methods of coordination; and future directions of the coordination process, including processes associated with greater fixity of exchange rates. These studies will be readily accessible to policymakers, while offering sophisticated analyses to interested scholars of the global economy. 410 0$aConference report (National Bureau of Economic Research) 606 $aForeign exchange administration$vCongresses 606 $aInternational economic relations$vCongresses 615 0$aForeign exchange administration 615 0$aInternational economic relations 676 $a332.4/564 676 $a332.4564 701 $aBranson$b William H$0115158 701 $aFrenkel$b Jacob A$088773 701 $aGoldstein$b Morris$f1944-$0124127 712 02$aNational Bureau of Economic Research. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910819466303321 996 $aInternational policy coordination and exchange rate fluctuations$94092293 997 $aUNINA