Economic Interdependence and Macroeconomic Coordination

Cayetano Paderanga

Philippine Journal of Development, 1996

Abstract: Data indicate that there has been an increasing integration of world financial markets. These have raised fears that countries have become vulnerable to external policies and events. This article discusses the need for policy coordination when there is interdependence among countries. The Philippine macroeconomic and policy coordination is discussed while a two-part recommendation is advocated.

Keywords: economic openness; economic integration (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:phd:pjdevt:jpd_1996_vol__xxiii_no__1-c

DOI: 10.62986/pjd1996.23.1c

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