With Global Financial Markets, How Much Control Do Countries Have Over Economic Policies?

2019-03-25T18:06:11-04:00April 6, 2017|

By Selim Ali Elekdag and Gaston Gelos

Versions in عربي (Arabic), Français (French), Русский (Russian), and Español (Spanish)

The outlook for further interest-rate increases by the US Federal Reserve revives interest in a compelling question: In an increasingly integrated global financial system, how much control do countries outside of the US retain over their economic policies?