Rules and Discretion in International Economic Policy

Economic interdependence offers the potential for raising global welfare, but there is a fuzzy boundary between national interests and global objectives in the economic policy area. This paper examines the boundary area. It concludes that all international economic regimes must entail a mix of rules...

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Bibliographic Details
Main Author: Guitián, Manuel
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1992
Series:Occasional Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Economic interdependence offers the potential for raising global welfare, but there is a fuzzy boundary between national interests and global objectives in the economic policy area. This paper examines the boundary area. It concludes that all international economic regimes must entail a mix of rules and discretion, and it considers the most appropriate weights to be given to rules and discretion
Physical Description:57 pages
ISBN:9781557752376