Do Credible Domestic Institutions Promote Credible International Agreements?
32 Pages Posted: 18 Aug 2006
Date Written: July 2006
Abstract
We examine the relationship between international policy coordination and domestic policy reputation when both are self-sustaining. We show that domestic policy commitment does not necessarily facilitate international cooperation; rather, efficient polices may be most easily sustained when countries are unable to pre-commit to policy domestically. Moreover, lack of domestic commitment is more likely to facilitate international cooperation the larger are the international spillovers of domestic policies.
Keywords: International agreements, domestic policy commitment
JEL Classification: F02, F10
Suggested Citation: Suggested Citation
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