International financial integration, sovereignty, and constraints on macroeconomic policies /

This paper considers the consequences of international financial market integration for national fiscal and monetary policies that derive from the absence of an international sovereign authority to define and enforce contractual obligations across borders. The sovereign immunity of national governme...

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Bibliographic Details
Online Access: Full text (MCPHS users only)
Main Author: Kletzer, Kenneth (Author)
Other Authors: Várdy, Felix
Format: Electronic eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, IMF Institute, 2006
Series:IMF working paper ; WP/06/79.
Subjects:
Local Note:ProQuest Ebook Central