KCI등재
학술저널
A Structural Case for International Cooperation
A Structural Case for International Cooperation
- Amelia Correa Romar Correa
- 세종대학교 경제통합연구소
- Journal of Economic Integration
- 제18권 제2호
- 등재여부 : KCI등재
- 2003.06
- 406 - 419 (14 pages)
We recommend a Bretton Woods system along structural lines. A key component of the case is the substitution of the money transmission mechanism by the credit transmission mechanism. We suggest that the real exchange rate be the variable of cooperation between countries that are free to set interest rates to pursue domestic policy objectives.
Ⅰ. Introduction
Ⅱ. Structural Open-Economy Macroeconomics
Ⅲ. Keynes and after: The Circuit Approach
Ⅳ. Conclusion