Jump to ContentJump to Main Navigation
Progress and ConfusionThe State of Macroeconomic Policy$
Users without a subscription are not able to see the full content.

Olivier Blanchard, Raghuram G. Rajan, Kenneth S. Rogoff, and Lawrence H. Summers

Print publication date: 2016

Print ISBN-13: 9780262034623

Published to MIT Press Scholarship Online: January 2017

DOI: 10.7551/mitpress/9780262034623.001.0001

Show Summary Details
Page of

PRINTED FROM MIT PRESS SCHOLARSHIP ONLINE (www.mitpress.universitypressscholarship.com). (c) Copyright The MIT Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in MITSO for personal use.date: 26 September 2021

Prospects and Challenges for Financial and Macroeconomic Policy Coordination

Prospects and Challenges for Financial and Macroeconomic Policy Coordination

Chapter:
(p.255) 25 Prospects and Challenges for Financial and Macroeconomic Policy Coordination
Source:
Progress and Confusion
Author(s):

Zeti Akhtar Aziz

Publisher:
The MIT Press
DOI:10.7551/mitpress/9780262034623.003.0025

This chapter touches on the progress and prospects for financial and macroeconomic policy coordination. There has been progress in the area of international financial stability, particularly in the design of the reform measures among the standard setting bodies (FSB, Basel, IOSCO). The chapter cautions however against national strategies that are independent of global arrangements, as these may result in more fragmented markets and would represent a retreat from globalization. In the area of macroeconomic policy, there have been efforts at cooperation and collaboration among emerging market economies (EMEs), but little progress has been made between the advanced economies and the EMEs.

Keywords:   policy coordination, financial policy, macroeconomic policy, standard setting bodies, globalization, emerging market economies, advanced economies

MIT Press Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.