Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/27526 
Kompletter Metadatensatz
DublinCore-FeldWertSprache
dc.contributor.authorFrieden, Jeffry A.en
dc.date.accessioned2009-08-12T07:17:10Z-
dc.date.available2009-08-12T07:17:10Z-
dc.date.issued2009-
dc.identifier.citation|aEconomics: The Open-Access, Open-Assessment E-Journal|c1864-6042|v3|h2009-6|nKiel Institute for the World Economy (IfW)|lKiel|y2009|p1-13en
dc.identifier.pidoi:10.5018/economics-ejournal.ja.2009-6en
dc.identifier.urihttp://hdl.handle.net/10419/27526-
dc.description.abstractIs there a valid argument for international cooperation, and some form of international governance structure, in the international monetary realm? On the purely economic front, the argument is not strong. Yet a broader political economy approach concludes that national currency policy can in fact impose non-pecuniary externalities on partner nations. This is especially the case with major policy-driven misalignments, which cannot easily be countered by other governments. For example, one country's substantially depreciated currency can provoke powerful protectionist pressures in its trading partners, so that exchange rate policy spills over into trade policy in potentially damaging ways. Inasmuch as one government's policies create these sorts of costs for other countries, and for the world economy as a whole, there is a case for global governance. This might include some institutionalized mechanism to monitor and publicize substantial currency misalignments. While there appears to be little global political attention to such a mechanism now, there have been initiatives along these lines at the regional level, and the current crisis may have stimulated more general stirrings of interest.en
dc.language.isoengen
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen
dc.subject.jelF42en
dc.subject.jelF55en
dc.subject.jelH87en
dc.subject.ddc330en
dc.subject.keywordInternational policy coordination and transmissionen
dc.subject.keywordinternational institutional arrangementsen
dc.subject.keywordinternational fiscal issuesen
dc.subject.stwInternationales Währungssystemen
dc.subject.stwInternationale Währungspolitiken
dc.subject.stwGlobal Governanceen
dc.subject.stwWelten
dc.titleGlobal Governance of Global Monetary Relations: Rationale and Feasibility-
dc.typeArticleen
dc.identifier.ppn593804422en
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/2.0/de/deed.enen
dc.identifier.repecRePEc:zbw:ifweej:7550en
econstor.citation.journaltitleEconomics: The Open-Access, Open-Assessment E-Journalen
econstor.citation.issn1864-6042en
econstor.citation.volume3en
econstor.citation.issue2009-6en
econstor.citation.publisherKiel Institute for the World Economy (IfW)en
econstor.citation.publisherplaceKielen
econstor.citation.year2009en
econstor.citation.startpage1en
econstor.citation.endpage13en

Datei(en):
Datei
Größe





Publikationen in EconStor sind urheberrechtlich geschützt.