Stability with Growth: Macroeconomics, Liberalization and Development

by Joseph Stiglitz, Josï Antonio Ocampo, Shari Spiegel, Ricardo Ffrench-Davis, Deepak Nayyar

Overview

There is growing dissatisfaction with the economic policies advocated by many international financial institutions. This book presents an alternative to "Washington Consensus" neo-liberal economic policies by showing that both macro-economic and liberalization policy must be sensitive to the particular circumstances of developing countries.

Product Details

ISBN-13:	9780199288144
Publisher:	Oxford University Press
Publication date:	11/09/2006
Series:	Initiative for Policy Dialogue
Pages:	352
Product dimensions:	9.10(w) x 6.10(h) x 0.70(d)

Table of Contents

Overview1. Introducing the key questions2. ObjectivesMacroeconomics3. Three perspectives on policy4. Why is macroeconomics different in developing countries? 5. Policy instruments from three perspectives: monetary and fiscal policy6. Further implications of alternative policy perspectives in open economies7. Policy frameworks8. Formal approachesCapital Markets Liberalization9. Capital markets liberalization: the arguments for and against10. Interventions in capital markets11. Capital markets liberalization: summary and remaining debatesConclusion12. Stabilization, liberalization, and growth