Advanced Search
MyIDEAS: Login to save this article or follow this journal

Life beyond the Washington Consensus: An Introduction to Pro-poor Macroeconomic Policies

Contents:

Author Info

  • Alfredo Saad-Filho
Registered author(s):

    Abstract

    This article reviews the 'pro-poor' macroeconomic policy alternative to the Washington consensus. The pro-poor approach draws heavily on heterodox economic theory, and offers a compelling view of an alternative economic strategy oriented primarily to the satisfaction of the basic needs of the majority of the population, the equitable distribution of income, wealth and power, and the preservation of macroeconomic stability. These aims point to a specific set of fiscal, monetary, trade and exchange rate policies. The paper argues that such policies should be supported by social programmes designed to achieve the desired pro-poor outcomes as rapidly as possible.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.tandfonline.com/doi/abs/10.1080/09538250701622352
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal Review of Political Economy.

    Volume (Year): 19 (2007)
    Issue (Month): 4 ()
    Pages: 513-537

    as in new window
    Handle: RePEc:taf:revpoe:v:19:y:2007:i:4:p:513-537

    Contact details of provider:
    Web page: http://www.tandfonline.com/CRPE20

    Order Information:
    Web: http://www.tandfonline.com/pricing/journal/CRPE20

    Related research

    Keywords:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Bowman, Kirk S., 1997. "Should the Kuznets effect be relied on to induce equalizing growth: Evidence from post-1950 development," World Development, Elsevier, vol. 25(1), pages 127-143, January.
    2. Bird, Graham, 2001. "IMF Programs: Do They Work? Can They be Made to Work Better?," World Development, Elsevier, vol. 29(11), pages 1849-1865, November.
    3. Philip Arestis & Malcolm Sawyer, 2003. "Reinventing Fiscal Policy," Economics Working Paper Archive wp_381, Levy Economics Institute.
    4. Reinhart, Carmen & Calvo, Guillermo & Leiderman, Leonardo, 1993. "“Capital Inflows and Real Exchange Rate Appreciation in Latin America: The Role of External Factors," MPRA Paper 7125, University Library of Munich, Germany.
    5. Kaplan, Ethan & Rodrik, Dani, 2001. "Did the Malaysian Capital Controls Work?," Working Paper Series rwp01-008, Harvard University, John F. Kennedy School of Government.
    6. Ravallion, Martin & Datt, Gaurav, 1999. "When is growth pro-poor? Evidence from the diverse experiences of India's states," Policy Research Working Paper Series 2263, The World Bank.
    7. Lipton, Michael & Ravallion, Martin, 1993. "Poverty and policy," Policy Research Working Paper Series 1130, The World Bank.
    8. Persson, T. & Tabellini, G., 1993. "Is Inequality Harmful for Growth," Papers 537, Stockholm - International Economic Studies.
    9. Arjun Sengupta, 2004. "The human right to development," Oxford Development Studies, Taylor & Francis Journals, vol. 32(2), pages 179-203.
    10. Christopher Cramer, 2000. "Inequality, Development and Economic Correctness," Working Papers 105, Department of Economics, SOAS, University of London, UK.
    11. Martin Feldstein & Charles Horioka, 1979. "Domestic Savings and International Capital Flows," NBER Working Papers 0310, National Bureau of Economic Research, Inc.
    12. João Sicsú, 2001. "Credible Monetary Policy: A Post Keynesian Approach," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 23(4), pages 669-687, July.
    13. Palma, Gabriel, 1998. "Three and a Half Cycles of 'Mania, Panic, and [Asymmetric] Crash': East Asia and Latin America Compared," Cambridge Journal of Economics, Oxford University Press, vol. 22(6), pages 789-808, November.
    14. Stanley Fischer & Ratna Sahay & Carlos A. V�gh, 2002. "Modern Hyper- and High Inflations," Journal of Economic Literature, American Economic Association, vol. 40(3), pages 837-880, September.
    15. JosÈ Antonio Ocampo, 2002. "Rethinking the development agenda," Cambridge Journal of Economics, Oxford University Press, vol. 26(3), pages 393-407, May.
    16. Christian E. Weller & Adam Hersh, 2004. "The long and short of it: global liberalization and the incomes of the poor," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 26(3), pages 471-504, April.
    17. Paus, Eva A., 1991. "Adjustment and development in Latin America: The failure of Peruvian Heterodoxy, 1985-90," World Development, Elsevier, vol. 19(5), pages 411-434, May.
    18. Karshenas, Massoud, 2001. "Agriculture and Economic Development in Sub-Saharan Africa and Asia," Cambridge Journal of Economics, Oxford University Press, vol. 25(3), pages 315-42, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:taf:revpoe:v:19:y:2007:i:4:p:513-537. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.