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Stability with Growth: Macroeconomics, Liberalization and Development

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Author Info

  • Stiglitz, Joseph

    (President, Initiative for Policy Dialogue (IPD))

  • Ocampo, Jose Antonio

    (United Nations Under-Secretary-General for Economic and Social Affairs)

  • Spiegel, Shari

    (Managing Director, Initiative for Policy Dialogue (IPD))

  • Ffrench-Davis, Ricardo

    (Main Adviser, Economic Commission for Latin America and the Caribbean (ECLAC))

  • Nayyar, Deepak

    (Vice Chancellor, University of Delhi)

Abstract

There is growing dissatisfaction with the economic policies advocated by the IMF and other international financial institutions - policies that have often resulted in stagnating growth, crises, and recessions for client countries. 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. One-size-fits-all policy prescriptions are likely to fail given the vast differences between countries. This book discusses how alternative approaches to economic policy can better serve developing countries both in ordinary times and in times of crisis.

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Bibliographic Info

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This book is provided by Oxford University Press in its series OUP Catalogue with number 9780199288144 and published in 2006.

ISBN: 9780199288144
Order: http://ukcatalogue.oup.com/product/9780199288144.do
Handle: RePEc:oxp:obooks:9780199288144

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Cited by:
  1. Kevin Gallagher, 2012. "The Myth of Financial Protectionism: The New (and old) Economics of Capital Controls," Working Papers wp278, Political Economy Research Institute, University of Massachusetts at Amherst.
  2. Worrell, DeLisle & Lowe, Shane & Naitram, Simon, 2012. "Growth Forecasts for Foreign Exchange Constrained Economies," MPRA Paper 52169, University Library of Munich, Germany.
  3. Ocampo Jose Antonio, 2010. "Rethinking Global Economic and Social Governance," Journal of Globalization and Development, De Gruyter, vol. 1(1), pages 1-29, January.
  4. Udristioiu Anca Roxana & Ioana Dorin & Vaduva Cecilia, 2012. "Aspects Of Economic Crisis In The Administration Of Government Debt," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 161-169, June.
  5. Regassa Senbeta S., 2011. "How applicable are the New Keynesian DSGE models to a typical Low-Income Economy?," Working Papers 2011016, University of Antwerp, Faculty of Applied Economics.
  6. Jayati Ghosh, 2007. "Macroeconomics and Growth Policies," Policy Notes 2, United Nations, Department of Economics and Social Affairs.
  7. Valpy FitzGerald (QEH), . "Finance and Growth in Developing Countries: Sound Principles and Unreliable Evidence," QEH Working Papers qehwps153, Queen Elizabeth House, University of Oxford.
  8. José Antonio Ocampo Gaviria, 2009. "Economic Policy Implications of the Current Financial Instability," Ensayos Económicos, Central Bank of Argentina, Economic Research Department, vol. 1(53-54), pages 191-215, January -.
  9. Andrei Shleifer, 2009. "The Age of Milton Friedman," Journal of Economic Literature, American Economic Association, vol. 47(1), pages 123-35, March.
  10. Sherstnev, Mikhail, 2013. "World economy, economics and economic policy: what emerges after the crisis?," MPRA Paper 49019, University Library of Munich, Germany.
  11. Senbeta, Sisay, 2011. "A small open economy New Keynesian model for a foreign exchange constrained economy," MPRA Paper 29996, University Library of Munich, Germany.
  12. Faruk Ulgen, 2011. "Shaky emerging economies in view of the global financial crisis: The Turkish economy after three decades of liberal reforms," Working Papers halshs-00669714, HAL.
  13. Farhang Niroomand & Edward Nissan, 2012. "Relating economic infrastructure indexes to investor protection for selected emerging economies," Journal of Economics and Finance, Springer, vol. 36(1), pages 249-260, January.
  14. SENBETA, Sisay Regassa, 2012. "How important are external shocks in explaining growth in Sub-Saharan Africa? Evidence from a Bayesian VAR," Working Papers 2012010, University of Antwerp, Faculty of Applied Economics.
  15. Regassa Senbeta S., 2011. "A Small Open Economy New Keynesian DSGE model for a foreign exchange constrained economy," Working Papers 2011004, University of Antwerp, Faculty of Applied Economics.
  16. SENBETA, Sisay Regassa, 2013. "Foreign exchange constraints and macroeconomic dynamics in a small open economy," Working Papers 2013023, University of Antwerp, Faculty of Applied Economics.
  17. Joseph E. Stiglitz, 2013. "Stable Growth in an Era of Crises; Learning from Economic Theory and History," Ekonomi-tek - International Economics Journal, Turkish Economic Association, vol. 2(1), pages 1-39, January.
  18. Jan-Erik Lane & Reinert Maeland, 2011. "Global Financial Crisis and International Institutions: Challenges, Opportunities and Change," Public Organization Review, Springer, vol. 11(1), pages 29-43, March.
  19. Ram Upendra Das & Meenakshi Rishi, 2010. "Are Trade Openness and Financial Development Complementary?," Trade Working Papers 22790, East Asian Bureau of Economic Research.
  20. Andrew van Hulten & Michael Webber, 2010. "Do developing countries need 'good' institutions and policies and deep financial markets to benefit from capital account liberalization?," Journal of Economic Geography, Oxford University Press, vol. 10(2), pages 283-319, March.
  21. José Antonio Ocampo, 2007. "The Instability and Inequities of the Global Reserve System," Working Papers 59, United Nations, Department of Economics and Social Affairs.

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