Monetary policy international coordination

Author: Li Xiaojuan
Publisher:
Publish Date: 2006-11-01
Features: Since the 1980s, international economic policy coordination, including monetary policy, has been a focal point of research among Western scholars. The main direction of their research has been aimed at the impact of international economic policies on welfare levels. However, studies on specific coordination mechanisms, as well as the distribution of gains and the burden of costs during coordination, have been relatively scarce, and what has been done has lacked depth. Comrade Li Xiaojuan's book International Coordination of Monetary Policy precisely fills this gap in the research field. Overall, the book's features are: First, the research field is new, the content is presented with considerable depth, and the viewpoints proposed are also novel; Second, the scope of discussion is broad, the analysis of issues is comprehensive and convincing; Third, the research methodology is scientific, with a well-integrated approach to examining points, lines, and surfaces; Fourth, the references are extensive, and the data is up-to-date and detailed. Of course, if the book could incorporate some cases of success and failure in international monetary policy coordination, it would make reading more engaging and enjoyable. This may be an excessive request, as the book is based on the author's doctoral dissertation and could not possibly be that lengthy.