Redundancy problem
id:
redundancy-problem-283-12042762
title:
Redundancy problem
text:
In international finance, the redundancy problem, also known as the n − 1 problem, is a problem of inequality of the number of policy instruments and the number of targets at the international level, suggested by Robert Mundell in Robert Mundell (1969). This problem does not occur at the one-country level. Suppose the number of countries in the world is n. Because this world is closed, one country's balance of payments surplus must be equal to another's deficit, and vice versa. Thus the sum of a
brand slug:
wiki
category slug:
encyclopedia
description:
International finance problem
original url:
https://en.wikipedia.org/wiki/Redundancy_problem
date created:
date modified:
2023-07-04T17:34:57Z
main entity:
{"identifier":"Q19992037","url":"https://www.wikidata.org/entity/Q19992037"}
image:
fields total:
13
integrity:
14