In Chapter 7, the open MU was studied and it was analyzed how the interactions with countries that are outside the MU imply additional spillovers and coordination issues. Moreover, the possibility that countries enter the MU was investigated, resulting in a number of new interesting insights. In this chapter the analysis takes a final step by considering the setting of multiple economic and currency unions.
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© 2006 Springer
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Plasmans, J., Engwerda, J., van Aarle, B., di Bartolomeo, G., Michalak, T. (2006). World-wide Regional Policy Coordination. In: Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations. Dynamic Modeling and Econometrics in Economics and Finance, vol 8. Springer, Boston, MA. https://doi.org/10.1007/0-387-27931-8_8
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DOI: https://doi.org/10.1007/0-387-27931-8_8
Publisher Name: Springer, Boston, MA
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