Overview
- International experts highlight the cyclical interdependence in the world economy and discuss the need for an international coordination of macroeconomic policies
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Keywords
- Business Cycle
- International Coordination of Policy
- Macroeconomic Policy
- World Economy
About this book
The integration of goods and financial markets has progressed on a global scale in recent years. Thus, the cyclical patterns in the world economy may have changed too. Against this background, experts in international economics analyze the synchronization of business cycles and their volatility in this book. Is there an European business cycle? What is the role of multinational corporations and monetary policy in transmitting business cycles? Further, they discuss the need and feasibility of internationally coordinating monetary and exchange rate policies and the quantitative effects of tax competition.
Editors and Affiliations
Bibliographic Information
Book Title: Macroeconomic Policies in the World Economy
Editors: Horst Siebert
Publisher: Springer Berlin, Heidelberg
Copyright Information: Springer-Verlag Berlin Heidelberg 2004
Hardcover ISBN: 978-3-540-21917-0Published: 02 August 2004
Edition Number: 1
Number of Pages: VIII, 348