Rules and Discretion in International Economic Policy

Occasional Papers, June 15, 1992

Source details

Canonical URL

Rules and Discretion in International Economic Policy

Other formats

• Markdown version
• Structured JSON version
• Bundle manifest

Bibliographic details

• Authors: Manuel Guitián
• Published: June 15, 1992
• Series: Occasional Papers
• DOI: https://doi.org/10.5089/9781557752376.084

Overview and central conclusion

• Economic interdependence offers the potential for raising global welfare, but there is a fuzzy boundary between national interests and global objectives in the economic policy area.
• The paper examines the boundary area and concludes that all international economic regimes must entail a mix of rules and discretion.
• The paper considers the most appropriate weights to be given to rules and discretion.

Author, publication, and identifiers

• Author: Manuel Guitián
• Date: June 15, 1992
• Series: Occasional Paper No. 1992/008
• Issue: 008
• Volume: 1992
• Pages: 57
• DOI: https://doi.org/10.5089/9781557752376.084
• Stock No: S097EA0000000
• ISBN: 9781557752376
• ISSN: 0251-6365

Key themes and subject tags

• Subject: Debt default, Debt strategy, Economic integration, Exchange rate anchor, Exchange rates, External debt, Foreign exchange, Monetary policy
• Keywords: Central and Eastern Europe, debt, Debt default, debt discussion, Debt strategy, Eastern Europe, economic system, economy, Europe, Exchange rate anchor, Exchange rates, Global, importance of rule, OP, reform experience, reform process, Western Europe

Substantive findings (as stated)

• International economic regimes require a mix of rules and discretion.
• There exists a fuzzy boundary between national interests and global objectives in economic policy that requires examination and clarification.
• The appropriate balance (weights) between rules and discretion is a principal analytical focus of the paper.

Access and formats

• Publication type: Occasional Papers
• More Formats available on IMF eLibrary

Source: Rules and Discretion in International Economic Policy, Manuel Guitián, June 15, 1992 — https://www.imf.org/en/publications/occasional-papers/issues/2016/12/30/rules-and-discretion-in-international-economic-policy-51