Economic Alternatives for Growth, Employment and Poverty by T. McKinley PDF

By T. McKinley

ISBN-10: 0230220983

ISBN-13: 9780230220980

This e-book is a suite of operating papers, coverage briefs and coaching modules, released through the overseas Poverty Centre in Brazil, which supplies a comprehensives set of techniques for replacement financial rules that could generate progress, employment and poverty relief in constructing international locations.

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Extra resources for Economic Alternatives for Growth, Employment and Poverty Reduction: Progressive Policy Recommendations for Developing Countries

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S. economy and the state of global imbalances, such a forecast is not realistic. 1. S. S. trade balance would accelerate. S. S. 2). S. current account balance would worsen even further. S. would follow suit. com - licensed to Fu Jen Catholic University - PalgraveConnect - 2011-03-05 4 39 debt would imply an increasing flow of factor payments abroad. 2). S. S. 3). Much smaller levels of external debt have eroded the confidence of international investors in other countries. S. economy. S. economy remain complacent about its accumulation of external debt.

The Macroeconomic Implications of MDG-Based Strategies in Sub-Saharan Africa John Weeks and Terry McKinley 1 Introduction to MDG-oriented macroeconomic policies At the Gleneagles summit in 2005, the G-8 committed to doubling Official Development Assistance (ODA) to Africa by 2010 in order to help finance national efforts to reach the Millennium Development Goals (MDGs). Will such a substantial scaling up of ODA lead to more expansionary macroeconomic policies? This Policy Research Brief assesses the implications for fiscal, monetary and exchange-rate policies.

Monetary policies have to be tailored to accommodate fiscal expansion, fostering, in particular, affordable public investment. com - licensed to Fu Jen Catholic University - PalgraveConnect - 2011-03-05 22 Macro Implications of MDG Strategies 23 export competitiveness instead of undermining it by rigidly targeting low inflation rates. We thank for their helpful comments and suggestions the two external peer reviewers of this Policy Research Brief: Robert Pollin, Co-Director of the Political Economy Research Institute, and James Crotty, Sheridan Scholar and Professor of Economics, University of Massachusetts-Amherst.

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Economic Alternatives for Growth, Employment and Poverty Reduction: Progressive Policy Recommendations for Developing Countries by T. McKinley


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