Statements (21)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:alsoKnownAs |
gptkb:impossible_trinity
|
| gptkbp:appliesTo |
open economies
|
| gptkbp:component |
fixed exchange rate
free capital movement independent monetary policy |
| gptkbp:describes |
policy trade-offs in open economies
|
| gptkbp:explains |
policy constraints for governments in globalized financial markets
|
| gptkbp:influencedBy |
gptkb:Mundell-Fleming_model
|
| gptkbp:introducedIn |
1960s
|
| gptkbp:namedAfter |
gptkb:Marcus_Fleming
gptkb:Robert_Mundell |
| gptkbp:relatedTo |
gptkb:economic_policy
exchange rate policy international macroeconomics capital controls |
| gptkbp:state |
it is impossible to have all three: fixed exchange rate, free capital movement, independent monetary policy
|
| gptkbp:usedIn |
policy analysis
|
| gptkbp:bfsParent |
gptkb:Rodrik's_trilemma
|
| gptkbp:bfsLayer |
6
|
| https://www.w3.org/2000/01/rdf-schema#label |
Mundell-Fleming trilemma
|