Macroeconomic Policies

The idea of this project is to analyse what kind of macroeconomic policy is most conducive to growth in developing countries and to 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 project investigates whether insufficient government spending can lead to a collapse of output, whether independent central banks and low-inflation policies restrict growth, whether flexible monetary policy assists shock response, and whether exchange-rate undervaluation promotes export-oriented growth.


Latest Related Research

Trends in a transition economy: Kazakhstan’s monetary policy after independence

Topics: | | POLICIES AND INSTITUTIONS
After the collapse of the Soviet Union, former socialist countries entered a phase of economic reforms, coupled with intensive social transformations. During this period, they faced the daunting challenges...

Exchange rate and foreign exchange reserve policies

Topics: | | POLICIES AND INSTITUTIONS
This paper considers developing country exchange rate and foreign exchange reserve policies. It offers criticism of the conventional approach and argues in favour of a non-conventional policy as optimal...

Experts on topic

Domenico Mario Nuti
Domenico Mario Nuti
Professor of Comparative Economic Systems, Faculty of Economics, University of Rome 'La Sapienza'
Klemens Witte
Klemens Witte
Research Associate, DOC Research Institute
Akop Gabrielyan
Akop Gabrielyan
PhD student at the Russian-Armenian (Slavonic) University
Matteo Bonomi
Matteo Bonomi
Independent expert on the EU and the Western Balkans
Andrés Solimano
Andrés Solimano
Non-Resident Senior Research Fellow, United Nations University
Vladimir Popov
Vladimir Popov
Research Director in Economics & Political sciences, DOC Research Institute

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