Macroeconomic cooperation for uncertain times: the REDIMA experience

Rodrigo Cárcamo-Díaz

in Cuadernos de la CEPAL from Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL)

Abstract: This book shows how international policy cooperation can be beneficial even in the absence of strong real transmission channels between countries. “Cooperation for learning”, the approach to cooperation we present, works by allowing policymakers to exchange experiences and jointly learn how to address regular common policymaking challenges posed by different types of uncertainty. Such cooperation is based on the establishment of links between policymakers and other institutions. International organizations like the United Nations can nurture and support such learning networks. In Latin America, ECLAC created such a network, called the Macroeconomic Dialogue Network (REDIMA), during a period of significant opportunities and challenges posed by the “commodities” boom period that preceded the international financial crisis of 2008-2010. The experience of REDIMA described in the book presents a real-world example of how “cooperation for learning” can provide real value added to policymakers while also setting the bases for future regional cooperation and integration efforts.

Date: 2012 Written 2012-01
ISBN: 9789210210867
Note: Includes Bibliography
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://repositorio.cepal.org/handle/11362/27857

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ecr:col111:27857

Access Statistics for this book

More books in Cuadernos de la CEPAL from Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL) Contact information at EDIRC.
Bibliographic data for series maintained by Biblioteca CEPAL ().