Book presentation: Macroeconomic policies in countries of the Global South

Summary of the 24 Sep 2019 Dialogue of Civilizations Research Institute book presentation, Higher School of Economics, Moscow

The School of World Economy of the National Research University Higher School of Economics (HSE, Moscow, Russia) and the Dialogue of Civilizations Research Institute (DOC-RI, Berlin, Germany) held the book launch for the volume “Macroeconomic Policies in Countries of the Global South”, edited by Anis Chowdhury (Western Sydney University & University of New South Wales, Australia) and Vladimir Popov (DOC-RI). The book presents the results of one of the research projects at DOC-RI.

The opening remarks were given by Igor Makarov, Head of the School of World Economy at HSE. After the opening remarks, Director of Research at DOC-RI, Vladimir Popov, presented an overview of the book and its main objective of analysing what kind of macroeconomic policy is most conducive to growth in developing countries, and investigating whether particular fiscal, monetary, and exchange rate policies have similar effects in developed and developing countries or whether these effects are country-specific. Following his introductory remarks, the discussants of the book provided their feedback on the policies that were proposed in the various chapters. Below is the list of the discussants that commented on specific chapters:

1. Leonid Grigoryev, HSE, commented on the ‘Macroeconomics in the developing world: Major observations’ chapter;
2. Vladimir Tiutiuriukov, HSE, commented on the ‘Fiscal policy for inclusive sustainable development’ chapter;
3. Oksana Sinyavskaya, HSE, commented on the ‘Inequality, fiscal policy and inclusive growth in Asia’ chapter;
4. Marcel Salikhov, Institute for Energy and Finance, commented on the ‘Foreign exchange reserves, adjustment to external shocks and long-term growth’ chapter;
5. Alexander Isakov, VTB Capital, commented on the ‘Central bank independence and growth’ chapter;
6. Oleg Shibanov, New Economic School, Moscow, commented on the ‘Monetary policy for inclusive and sustainable development’ chapter;
7. Petr Mozias, HSE, commented on the ‘China’s macroeconomic policy’ chapter.

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