Volume 23, Number 1

Economic Interdependence and Macroeconomic Coordination

Abstract

Data indicate that there has been an increasing integration of world financial markets. These have raised fears that countries have become vulnerable to external policies and events. This article discusses the need for policy coordination when there is interdependence among countries. The Philippine macroeconomic and policy coordination is discussed while a two-part recommendation is advocated.

Citations

  1. Aldaba, Fernando T.. 2002. Philippine development: A research journey through the Philippine Journal of Development. Philippine Journal of Development PJD, 29. Philippine Institute for Development Studies.
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The Philippine Journal of Development (PJD) is a multidisciplinary, peer-reviewed journal published biannually by the Philippine Institute for Development Studies (PIDS). It serves as a platform for disseminating policy-oriented research on development issues, including the economy, business, public administration, foreign relations, sociology, and political dynamics. 

P-ISSN 2508-0954 • E-ISSN 2508-0849 • https://doi.org/10.62986/pjd