Macroeconomic Policies in Countries of the Global South

Macroeconomic Policies in Countries of the Global South
Author: Anis Chowdhury
Publisher:
Total Pages: 0
Release: 2019
Genre: Business & Economics
ISBN: 9781536157529

The volume examines macroeconomic policies for developing countries. The chapters analyse the kind of macroeconomic policies that are more conducive to inclusive and sustainable growth in developing countries. They also investigate whether particular fiscal, monetary, and exchange-rate policies have similar effects in developed and developing countries or whether these effects are country specific. The volume demonstrates that while there are no one-size-fits-all policy prescriptions, some general principles can be drawn from the experiences of successful countries. The volume is a useful addition to the scant literature dealing with macroeconomic policies for inclusive and sustainable development, and policymakers will find it useful in designing policies for achieving sustainable development goals (SDGs). The volume will also be useful for higher degree research students, especially in the area of inclusive and sustainable development.

North-South Linkages and International Macroeconomic Policy

North-South Linkages and International Macroeconomic Policy
Author: David Vines
Publisher: Cambridge University Press
Total Pages: 436
Release: 1995-09-21
Genre: Business & Economics
ISBN: 9780521462341

Researchers have begun to apply economic techniques initially developed to analyse the industrialised countries to analyse North-South interactions in the world economy. This volume, derived from a CEPR conference, brings together theoretical and empirical papers on fiscal, monetary and trade linkages between the North and South. The papers use the advances in the use of the major macroeconomic models to simulate global and inter-regional interactions, and to analyse the implications for the South of macroeconomic developments in the North. They also examine international policy questions in a genuinely global context, and consider the design of policy packages for the Third World (aid versus trade, growth-oriented adjustment) in an empirical context. This volume provides a useful overview of the flourishing research area relating to interactions between North and South, and highlights areas where future research is needed.

South-South Globalization

South-South Globalization
Author: S. Mansoob Murshed
Publisher: Routledge
Total Pages: 428
Release: 2011-06-16
Genre: Business & Economics
ISBN: 1136707700

Two prominent features of the current global economy are the world-wide recession brought about by the recent financial crisis, and the emergence of major economic powers from within the developing world such as Brazil, China and India. The former represents the failure of global regulatory policies and macroeconomic imbalances between surplus and deficit countries; the latter is symptomatic of a partial shift in economic power towards developing nations, who are often collectively labelled the global South. The macroeconomic imbalances are unsustainable in the longer run as they mean greater absorption relative to income in deficit nations; they require corrective action and international policy coordination. Reducing imbalances also requires large developing countries to raise their domestic consumption and also imports from the rest of the world and international financial institutions to operate as a lender of last resort. Furthermore, the engines of global growth, especially for developing countries, may no longer lie solely in the traditional developed country markets in the USA, Europe and Japan, known collectively as the global North. Rather South-South trade is growing rapidly, and that could be an engine of growth for the global economy, including both developed and developing countries. The various chapters in this edited volume address issues surrounding global imbalances and the prospects for growth in developing countries propelled by South-South interaction. This book should be of interest to students and researchers focussing on political economics, international economics, globalization, global imbalance and the world-wide recession after 2008.

Macroeconomic Policies in an Interdependent World

Macroeconomic Policies in an Interdependent World
Author: Mr.Paul R. Masson
Publisher: International Monetary Fund
Total Pages: 438
Release: 1989-06-15
Genre: Business & Economics
ISBN: 9781557751119

Copublished with the Brookings Institution, Washington D.C. and the Centre for Economic Policy Research, London, and edited by Ralph Bryant, David Currie, Jacob A. Frenkel, Paul Masson, and Richard Portes, this volume considers economic interdependence among well developed countries as well as between them and the developing regions of the world.

Macroeconomic Policy Formation in Africa - Country Cases

Macroeconomic Policy Formation in Africa - Country Cases
Author: Karl Wohlmuth
Publisher: LIT Verlag Münster
Total Pages: 407
Release: 2014
Genre: Business & Economics
ISBN: 364390522X

This Volume 17 of the African Development Perspectives Yearbook considers the following major issues: the macroeconomic policies in post-conflict countries (especially reviews of growth, social progress, and public finance strategies in medium-term frameworks) with Sudan and South Sudan as the country cases; and macroeconomic policy formation in West Africa -- with case studies presented on Senegal and Nigeria in the West African Monetary Zone and the CFA Zone. In addition, the book presents book reviews and book notes. (Series: African Development Perspectives Yearbook - Vol. 17) [Subject: African Studies, Economics]

Globalization and the South

Globalization and the South
Author: Martin Khor
Publisher:
Total Pages: 124
Release: 2000
Genre: Developed countries
ISBN:

Text of this paper was circulated at the South Summit, Havana, Cuba, 10-14 Apr 2000.

Eliminating Human Poverty

Eliminating Human Poverty
Author: Santosh Mehrotra
Publisher: Zed Books Ltd.
Total Pages: 401
Release: 2013-07-04
Genre: Business & Economics
ISBN: 1848136552

This book focuses on the provision of basic social services - in particular, access to education, health and water supplies - as the central building blocks of any human development strategy. The authors concentrate on how these basic social services can be financed and delivered more effectively to achieve the internationally agreed Millennium Development Goals. Their analysis, which departs from the dominant macro-economic paradigm, deploys the results of broad-ranging research they led at UNICEF and UNDP, investigating the record on basic social services of some 30 developing countries. In seeking to learn from these new data, they develop an analytical argument around two potential synergies: at the macro level, between poverty reduction, human development and economic growth, and at the micro level, between interventions to provide basic social services. Policymakers, they argue, can integrate macro-economic and social policy. Fiscal, monetary, and other macro-economic policies can be compatible with social sector requirements. They make the case that policymakers have more flexibility than is usually presented by orthodox writers and international financial institutions, and that if policymakers engaged in alternative macro-economic and growth-oriented policies, this could lead to the expansion of human capabilities and the fulfillment of human rights. This book explores some of these policy options. The book also argues that more than just additional aid is needed. Specific strategic shifts in the areas of aid policy, decentralized governance, health and education policy and the private-public mix in service provision are a prerequisite to achieve the goals of human development. The combination of governance reforms and fiscal and macro-economic policies outlined in this book can eliminate human poverty in the span of a generation.

Macroeconomic Policy Framework for Africa's Structural Transformation

Macroeconomic Policy Framework for Africa's Structural Transformation
Author: Carlos Lopes
Publisher: Springer
Total Pages: 302
Release: 2017-08-11
Genre: Business & Economics
ISBN: 3319519476

The main objective of this book is to identify the key sources of growth which have played a significant role in Africa's recent robust growth as well as its efforts towards economic transformation. The book assesses to what extent the existing macroeconomic frameworks among African countries have been streamlined to the countries' development priorities in order to achieve long-term growth and economic transformation. Taking into account the diversity of African countries, the authors establish the economic linkages between relevant macroeconomic policy variables and the key sources of growth and development among the selected African economies, based on both theoretical and empirical underpinnings. Following this, an outline of a macroeconomic framework for Africa’s long-term growth and economic transformation is suggested.

Challenges of Growth and Globalization in the Middle East and North Africa

Challenges of Growth and Globalization in the Middle East and North Africa
Author: Mr.Hamid R Davoodi
Publisher: International Monetary Fund
Total Pages: 44
Release: 2003-09-05
Genre: Business & Economics
ISBN: 9781589062290

The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.

The Global South after the Crisis

The Global South after the Crisis
Author: Hasan Cömert
Publisher: Edward Elgar Publishing
Total Pages: 277
Release: 2016-07-27
Genre: Business & Economics
ISBN: 1783474319

This volume is split into two accessible sections. The first part concentrates on the impact of the crisis on growth, inequality, policy responses and policy shifts in key areas such as central banking. The second part comprises individual country case studies and includes an exploration of the vulnerabilities related to the integration of developing economies into the world economy. The effect of the crisis on trade, and the ways in which some developing countries have entered into a prolonged period of stagnant growth following the global crisis are all considered.