Scope and Limits of International Economic Cooperation and Policy Coordination

Jocelyn Horne and Paul Masson

IMF Staff Papers, 1988, vol. 35, issue 2, 259-296

Abstract: Several important issues relating to international economic cooperation and policy coordination are considered for the scope and limits to both within the present international monetary system. Sources of the perceived need for cooperation and coordination are identified, and the experience of countries with policy coordination within the current international system are described. The benefits and costs to policy coordination are then discussed, followed by consideration of ways to increase the effectiveness of international cooperation.

Date: 1988
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