A Hegemonic and a Post-Hegemonic World Functioning and the New Global Monetary and Financial System
نویسندگان
چکیده
منابع مشابه
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Monetary policy rule might be helpful to avoid the problem of time inconsistency provided there is a commitment to the rule. The commitment is the ability of a government to bind future policies. However, it doesn’t include intrinsic motivations. Therefore, hegemony, which includes both intrinsic and extrinsic motivations, better solves the problem of time inconsistency. In this paper, we expl...
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ژورنال
عنوان ژورنال: Acta Oeconomica Pragensia
سال: 2011
ISSN: 0572-3043,1804-2112
DOI: 10.18267/j.aop.348