what are three obstacles to successful international economic policy coordination?

Answer 1

The international economic institutions we have (International Monetary Fund, World Trade Organization and World Bank) have unequal representation heavily weighted in favour of the developed world.

Countries working against each other.
Everyone wants free trade as long as it doesn't hurt their own industries. The last WTO meetings came to an abrupt end when agricultural subsidies couldn't be negotiated away.

Organizations working against each other. The 3 organizations already mentioned along with the International Labour Organization and the UN Environment Program often do not work in concert, often against each other.

Primarily though, those countries that have economic advantage, and the power that comes with it don't want change nor the coordination that may bring that change. Since the outcome of such a large change is uncertain, they will hang on to their present share of global wealth with grim resolve.

Answer 2

Political, each government wishes to protect there own market, workers & Industries. Currency flutuations, World currencies are based upon countries GDP, flutuation is exchange rates effects the value of products, wages & goods between varous countries which again effects trade and labor realations. Taxes and tarrifs, Most contries gain revenue by an array of tarrifs and duties on good entering the country. Flutuations in the tarrifs customer duties add or detract potential revenue.

Answer 3

Greed, Greed, Greed.

Everyone wants a plan to benefit their country and it often comes at the expense of the others.

Answer 4

first I would say EGO, EGO, EGO

followed by narcissism and ignorance