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Rules and Discretion in International Economic Policy
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Rules and Discretion in International Economic Policy
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Rules and Discretion in International Economic Policy
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Rules and Discretion in International Economic Policy

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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. This paper examines the boundary area. It concludes that all international economic regimes must entail a mix of rules and discretion, and it considers the most appropriate weights to be given to rules and discretion.

LanguageEnglish
Release dateJun 15, 1992
ISBN9781452767130
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Rules and Discretion in International Economic Policy

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