Published by Nova Science Publishers, this volume examines macroeconomic policies for developing countries. The book is available for pre-publication order from the publisher now, and will be published in August 2019.
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.
“This book considers what macroeconomic policies are conducive to growth in developing countries, including particular fiscal, monetary, and exchange rate options. The book critically considers the growth consequences of insufficient government spending on public goods, central bank independence, alternative monetary policies, low-inflation targeting policy and foreign exchange reserve accumulation.”
– Endorsement from Jomo Kwame Sundaram, a former economics professor, was United Nations Assistant Secretary-General for Economic Development, and received the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought.