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International Policy Cooperation May Be Undesirable

Staff Report 103 | Published February 1, 1986

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Author

Patrick J. Kehoe Monetary Advisor
International Policy Cooperation May Be Undesirable

Abstract

This paper presents a simple counterexample to the belief that international policy cooperation is desirable. It also explains circumstances under which such a counterexample is possible.




Published in: _Review of Economic Studies_ (Vol. 56, No. 2, April 1989, pp. 289-296) https://doi.org/10.2307/2297462. Alternative Titles: International Policy Cooperation May Be Undesirable Policy Cooperation Among Benevolent Governments May Be Undesirable