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Targeting Employment Expansion, Economic Growth and Development in Sub-Saharan Africa: Outlines of an Alternative Economic Programme for the Region

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Author Info
James Heintz
Robert Pollin
Abstract

This paper outlines the elements of a development-targeted economic framework aimed at creating decent employment opportunities as a strategy for realizing core human development goals in Africa. Four policy areas form the core of the paper: monetary policy and inflation, exchange rate policy, development finance and financial sector reforms, and public investment and fiscal policy. This paper draws heavily on three large UNDP-sponsored studies of employment-oriented economic policies in Kenya, Ghana, and South Africa. The paper aims to discuss the elements of an alternative, development-targeted economic framework for African countries in general and, in doing so, the analysis draws on examples, research, and statistics from a wide range of countries.



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Paper provided by Political Economy Research Institute, University of Massachusetts at Amherst in its series Published Studies with number targeting_employment_expansion_-_pollin_and_heintz_-_final.

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Date of creation: 2008
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Handle: RePEc:uma:perips:targeting_employment_expansion_-_pollin_and_heintz_-_final

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Related research
Keywords: Africa; macroeconomics; employment; finance; exchange rates; inflation.;

Find related papers by JEL classification:
E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
O55 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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This page was last updated on 2009-12-3.

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