International Monetary Cooperation Among the United States, Japan, and Germany

1. Front Matter

   Pages i-xvii

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2. Introduction

   • Keisuke Iida

   Pages 1-17

3. Theories of Counterproductive Cooperation

   • Keisuke Iida

   Pages 19-35

4. Counterproductive Monetary Policy Coordination

   • Keisuke Iida

   Pages 37-71

5. Ineffective and Counterproductive Intervention

   • Keisuke Iida

   Pages 73-97

6. Conclusions

   • Keisuke Iida

   Pages 99-106

7. Back Matter

   Pages 107-110

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International Monetary Cooperation among the United States, Japan, and Germany offers a first - and overdue - book- length study of counterproductive cooperation. It takes to task the critical importance of conducting systematic theory-guided empirical research to examine the validity of arguments that international monetary cooperation could be highly counterproductive. This book combines various methods - formal, quantitative, and qualitative - to study the theories of counterproductive monetary cooperation by focusing on the cooperative episodes among the major industrial countries - the United States, Japan, and Germany.
For the first time, this book presents all theories of counterproductive cooperation in one place, subjects them to systematic, empirical scrutiny in the light of the experience of G-3 (U.S., Germany, and Japanese) cooperation since the 1970s, and suggests policy recommendations in the light of the findings.

• Japan
• Policy
• intervention
• monetary policy

• Princeton University, Princeton, USA

  Keisuke Iida

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