Economic Interdependence and the International Implications of Supply-Side Policies

This paper analyzes the implications of growing international economic integration for the conduct of structural policy. Section I points out that the internationalization of financial intermediation has raised the welfare costs associated with domestic distortions. The growing importance of structu...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1988
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 02610nmm a2200577 u 4500
001 EB000924835
003 EBX01000000000000000718431
005 00000000000000.0
007 cr|||||||||||||||||||||
008 150128 ||| eng
020 |a 9781451959642 
245 0 0 |a Economic Interdependence and the International Implications of Supply-Side Policies 
260 |a Washington, D.C.  |b International Monetary Fund  |c 1988 
300 |a 28 pages 
651 4 |a United States 
653 |a Supply and demand 
653 |a Investment 
653 |a Economic Theory 
653 |a Return on investment 
653 |a Public finance & taxation 
653 |a Government debt management 
653 |a Debt Management 
653 |a Debts, Public 
653 |a Debt 
653 |a Macrostructural analysis 
653 |a Economic theory & philosophy 
653 |a Intangible Capital 
653 |a National accounts 
653 |a Sovereign Debt 
653 |a Saving and investment 
653 |a Investments: General 
653 |a Institutions and the Macroeconomy 
653 |a Macroeconomics 
653 |a Prices 
653 |a Public financial management (PFM) 
653 |a Structural policies 
653 |a Capacity 
653 |a Agriculture: Aggregate Supply and Demand Analysis 
653 |a Economic theory 
653 |a Capital 
653 |a Public Finance 
653 |a Supply-side policy 
653 |a Structural reforms 
710 2 |a International Monetary Fund 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Working Papers 
028 5 0 |a 10.5089/9781451959642.001 
856 4 0 |u https://elibrary.imf.org/view/journals/001/1988/071/001.1988.issue-071-en.xml?cid=29519-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a This paper analyzes the implications of growing international economic integration for the conduct of structural policy. Section I points out that the internationalization of financial intermediation has raised the welfare costs associated with domestic distortions. The growing importance of structural policies in affecting domestic demand in a more integrated world economy is discussed in Section II. It is shown that domestic distortions reduce the effect of expansionary policy on the domestic economy. Section III examines the international transmission of unilateral structural policies. Section IV discusses the need for the international coordination of structural policies. Section V identifies structural areas in which international policy coordination is most urgent