Pro-Growth Alternatives for Monetary and Financial Policies in Sub-Saharan Africa

Robert Pollin · Gerald A. Epstein · James Heintz

12 citations0/0 files storedPalgrave Macmillan UK eBooks

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Monetary Policy and Economic Impact Global Financial Crisis and Policies Economic Theory and Policy

Abstract

In their IPC Policy Research Brief #4 (Paper #1 in this volume), John Weeks and Terry McKinley propose major departures from the prevailing neoliberal macroeconomic framework that has dominated policymaking in sub-Saharan Africa. The neoliberal model favours fiscal policy that is preoccupied with maintaining small deficits, monetary policy that is fixated on low inflation targets, and exchange-rate policy that is committed to full flexibility. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

2006Inflation and economic growth: a cross-country nonlinear analysis 2003Capital Management Techniques in Developing Countries 2009An Employment-Targeted Economic Program for South Africa 2009Inflation and Economic Growth: A Cross-Country Non-Linear Analysis 2004Challenges to the World Bank and IMF: developing country perspectives

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2010The Adverse Effects of International Monetary Fund Programs on the Health and Education Workforce

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