Macroeconomic Policies in Countries of the Global South
by Anis Chowdhury (Editor), Vladimir Popov (Editor)

About this Book
The volume examines macroeconomic policies for developing countries. The chapters analyse the kind of macroeconomic policies that are more conducive to inclusive and sustainable growth in developing countries. They also 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 volume demonstrates that while there are no one-size-fits-all policy prescriptions, some general principles can be drawn from the experiences of successful countries. The volume is a useful addition to the scant literature dealing with macroeconomic policies for inclusive and sustainable development, and policymakers will find it useful in designing policies for achieving sustainable development goals (SDGs). The volume will also be useful for higher degree research students, especially in the area of inclusive and sustainable development.

Brief Contents
Chapter 1 Introduction: Major Observations 1
Chapter 2 The Rise of a New Developmental Macroeconomics for Middle-Income Countries: From Classical to New Developmentalism 23
Chapter 3 Fiscal Policy for Inclusive Sustainable Development: The Role of Public Expenditure and Progressive Taxation 41
Chapter 4 Creating Fiscal Space for Inclusive Sustainable Development 87
Chapter 5 Inclusive Fiscal Policy and Tax Administration Effectiveness in Asia 115
Chapter 6 Inclusive Government Spending and Unconventional Ideas for Inclusive Fiscal Policy 143
Chapter 7 Monetary Policy for Inclusive and Sustainable Development 173
Chapter 8 Central Bank Independence, Inflation, and Economic Growth 211
Chapter 9 Macroeconomic Policy and Real and Financial Investment:The Impact of Financial Globalisation 233
Chapter 10 Foreign Exchange Reserves and Exchange Rates: Reaction to Shocks in Short-Term and Long-Term Economic Growth 257
Chapter 11 China’s Macroeconomic Policy: A Policy of Ambition and Pragmatism 279
Chapter 12 China’s Growth-Promoting, Public-Debt-Financed Infrastructure Investment 297
About the Editors 327
About the Contributors 329
Index 333

Pages : 344
ISBN-10 : 153615752X
ISBN-13 : 978-1536157529P
Publisher : Nova Science Pub Inc (June 1, 2019)
Language : English