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Critically reviews the macroeconomic experiences of the past three decades to argue the case against orthodox macroeconomics. Suggests that the prevailing orthodoxy in macroeconomics needs to give way to an alternative policy paradigm in which the Copenhagen commitment on full employment,...
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Summarizes employment oriented macroeconomic and financial policies that governments in developing countries can adopt to help promote more and better employment as a key to reducing poverty over the medium to long run.
Persistent link: https://www.econbiz.de/10010966499
ILO pub-WEP pub. Working paper, literature survey of economic theories dealing with the effects of devaluation on employment and poverty in developing countries - covers exchange rate trends, income distribution in market economies and planned economies, production, and monetary policy;...
Persistent link: https://www.econbiz.de/10010967134
ILO pub-WEP pub. Working paper discussing trade liberalization trade policies capable of promoting the integration of developing countries into the international economic system - comments on shortcomings of economic development associated with import substitution; examines the need to combine...
Persistent link: https://www.econbiz.de/10010967256