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Policy space and the changing paradigm in conducting macroeconomic policies in developing countries

In: New financing trends in Latin America: a bumpy road towards stability

Author

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  • José Antonio Ocampo

    (United Nations)

  • Rob Vos

    (United Nations)

Abstract

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Suggested Citation

  • José Antonio Ocampo & Rob Vos, 2008. "Policy space and the changing paradigm in conducting macroeconomic policies in developing countries," BIS Papers chapters,in: Bank for International Settlements (ed.), New financing trends in Latin America: a bumpy road towards stability, volume 36, pages 28-45 Bank for International Settlements.
  • Handle: RePEc:bis:bisbpc:36-03
    as

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    File URL: http://www.bis.org/publ/bppdf/bispap36c.pdf
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    References listed on IDEAS

    as
    1. Ramey, Garey & Ramey, Valerie A, 1995. "Cross-Country Evidence on the Link between Volatility and Growth," American Economic Review, American Economic Association, vol. 85(5), pages 1138-1151, December.
    2. Ayhan Kose & Kenneth Rogoff & Eswar S Prasad & Shang-Jin Wei, 2003. "Effects of Financial Globalization on Developing Countries; Some Empirical Evidence," IMF Occasional Papers 220, International Monetary Fund.
    3. M. Ayhan Kose & Eswar S. Prasad & Marco E. Terrones, 2005. "Growth and Volatility in an Era of Globalization," IMF Staff Papers, Palgrave Macmillan, vol. 52(si), pages 31-63.
    4. Stiglitz, Joseph E., 2003. "Whither reform? Towards a new agenda for Latin America," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    5. Ricardo Gottschalk, 2005. "The Macro Content of PRSPs: Assessing the Need for a More Flexible Macroeconomic Policy Framework," Development Policy Review, Overseas Development Institute, vol. 23(4), pages 419-442, July.
    6. Francisco Rodríguez, 2006. "Have Collapses in Infrastructure Spending Led to Cross-Country Divergence in per Capita GDP?," Wesleyan Economics Working Papers 2006-013, Wesleyan University, Department of Economics.
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    Cited by:

    1. Bank for International Settlements, 2008. "Monetary and financial stability implications of capital flows in Latin America and the Caribbean," BIS Papers, Bank for International Settlements, number 43, february.
    2. Metin Ozdemir & Selim Tuzunturk, 2009. "Is price stability enough? Macroeconomic performance of inflation targeting in developing countries," International Journal of Sustainable Economy, Inderscience Enterprises Ltd, vol. 1(4), pages 352-372.
    3. Poomjai Nacaskul & Kritchaya Janjaroen & Suparit Suwanik, 2012. "Economic Rationales for Central Banking: Historical Evolution, Policy Space, Institutional Integrity, and Paradigm Challenges," Working Papers 2012-04, Monetary Policy Group, Bank of Thailand.
    4. Daniel Poon, 2014. "China’s Development Trajectory: A Strategic Opening for Industrial Policy in the South," UNCTAD Discussion Papers 218, United Nations Conference on Trade and Development.

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