Impossible trinity
id:
impossible-trinity-176-4267471
title:
Impossible trinity
text:
The impossible trinity is a concept in international economics and international political economy which states that it is impossible to have all three of the following at the same time:
- a fixed foreign exchange rate
- free capital movement
- an independent monetary policy It is both a hypothesis based on the uncovered interest rate parity condition, and a finding from empirical studies where governments that have tried to simultaneously pursue all three goals have failed. The concept wa
brand slug:
wiki
category slug:
encyclopedia
description:
Trilemma in international economics
original url:
https://en.wikipedia.org/wiki/Impossible_trinity
date created:
2004-12-21T20:04:55Z
date modified:
2024-09-03T19:49:52Z
main entity:
{"identifier":"Q1577299","url":"https://www.wikidata.org/entity/Q1577299"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/d/d8/Impossible_trinity_diagram.svg","width":759,"height":607}
fields total:
13
integrity:
16