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Economic interdependence and macroeconomic coordination /

By: Paderanga, Cayetano, Jr.
Series: Vol. 23 No. 1 First Sem 1996.Description: p.79.Subject(s): Economic interpendence | PIDS JPD 1996Online resources: Click here to access online In: Journal of Philippine DevelopmentSummary: Data indicate that there has been an increasing integration of world financial markets. These have raised fears that countries have become vulnerable to external policies and events. This article discusses the need for policy coordination when there is interdependence among countries. The Philippine macroeconomic and policy coordination is discussed while a two-part recommendation is advocated.
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Data indicate that there has been an increasing integration of world financial markets. These have raised fears that countries have become vulnerable to external policies and events. This article discusses the need for policy coordination when there is interdependence among countries. The Philippine macroeconomic and policy coordination is discussed while a two-part recommendation is advocated.

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