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Author: Iyanatul Islam
Publisher: Springer
Published: 2014-02-25
Total Pages: 353
ISBN-13: 1137379251
DOWNLOAD EBOOKThis volume goes beyond a narrow conceptualization of macroeconomic stability and explores the link between socio-economic policies, structural transformation and inclusive development. It rests on three thematic pillars: the limits of conventional macroeconomics; the long run agenda of structural transformation and the development of capabilities.
Author:
Publisher:
Published: 2003
Total Pages: 64
ISBN-13:
DOWNLOAD EBOOKAuthor: Jose Antonio Ocampo
Publisher: World Bank Publications
Published: 2005-07-15
Total Pages: 216
ISBN-13: 0821358200
DOWNLOAD EBOOK'Beyond Reforms' argues that economic growth in developing countries is intrinsically tied to the dynamics of production structures, to the specific policies and institutions created to support it, and the creation of linkages among domestic firms and sectors. Avoiding macroeconomic instability is also essential. However, macroeconomic stability is not a sufficient condition for growth. The broader institutional context and the adequate provision of education and infrastructure are essential 'framework conditions,' but generally do not play a direct role in bringing about changes in the momentum of economic growth.
Author: Abebe Aemro Selassie
Publisher: International Monetary Fund
Published: 2008-09
Total Pages: 44
ISBN-13:
DOWNLOAD EBOOKThis paper discusses the key sources of vulnerabilities for pension plans and insurance companies in light of the global financial crisis of 2008. It also discusses how these institutional investors transit shocks to the rest of the financial sector and economy. The crisis has re-ignited the policy debate on key issues such as: 1) the need for countercyclical funding and solvency rules; 2) the tradeoffs implied in marked based valuation rules; 3) the need to protect contributors towards retirement from excessive market volatility; 4) the need to strengthen group supervision for large complex financial institutions including insurance and pensions; and 5) the need to revisit the resolution and crisis management framework for insurance and pensions.
Author: M. Muqtada
Publisher:
Published: 2003
Total Pages: 32
ISBN-13: 9789221136446
DOWNLOAD EBOOKAuthor: Daniel Chudnovsky
Publisher:
Published: 1991
Total Pages: 40
ISBN-13:
DOWNLOAD EBOOKAuthor: John Smithin
Publisher: World Scientific
Published: 2022-04-21
Total Pages: 228
ISBN-13: 9811245398
DOWNLOAD EBOOKThe conventional macroeconomic theory of the late twentieth and early twenty-first century, based on the assumption that the working of complex monetary economy could be analysed on the same principles as those of barter exchange, has demonstrably failed. This book provides a thorough rethinking of the nature of a monetary economy. It builds upon a complete theory of the domestic and international monetary macro-economy, and of macroeconomic policy for the modern age. Central to the analysis is the idea that a successful market economy requires an endogenous supply of money via the banking system. Therefore to achieve macroeconomic stability, the book proposes the targeting of real interest rates under a regime of flexible exchange rates or 'fixed but adjustable exchange rates' as the main goal of monetary policy, along with a range of innovative fiscal and trade policies to promote economic growth, and thereby achieve full employment and a fair distribution of income.
Author: José Manuel Salazar-Xirinachs
Publisher:
Published: 2014-05-05
Total Pages: 400
ISBN-13: 9789221285663
DOWNLOAD EBOOKThis book helps connect the dots between economic theory, the role of capabilities, the lessons from history and the practical challenges of design and implementation of industrial policies. In so doing it provides an excellent policy roadmap for anyone interested in the challenge of promoting catch-up growth and productive transformation.
Author: Servaas Storm
Publisher: Harvard University Press
Published: 2012-01-02
Total Pages: 303
ISBN-13: 9780674062276
DOWNLOAD EBOOKThe authors make a strong case that a stable non-accelerating inflation rate of unemployment (NAIRU), independent of macroeconomic policy, does not exist. Consequently, government decisions based on the NAIRU are not only misguided but have huge and avoidable social costs, namely, high unemployment and sustained inequality.
