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Pro-Poor Macroeconomics: Potential and Limitations Giovanni Andrea Cornia

Pro-Poor Macroeconomics: Potential and Limitations

Giovanni Andrea Cornia

Published January 10th 2010
ISBN : 9781280818141
ebook
356 pages
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 About the Book 

Economists increasingly agree on the nature of the development and social policies needed to halve poverty over the next ten years. A similar convergence is nowhere in sight in the case of macroeconomic policies. Disagreements in this area remainMoreEconomists increasingly agree on the nature of the development and social policies needed to halve poverty over the next ten years. A similar convergence is nowhere in sight in the case of macroeconomic policies. Disagreements in this area remain significant, exacerbated by rising financial instability and a string of banking and currency crises that impacted negatively on poverty, growing macro imbalances in some industrialized countries and the rapid development of difficult-to-regulate international financial markets. This volume presents a pro-poor macroeconomic policy allowing countries to recapture policy space, help promote growth, reduce inequality and diminish poverty in a sustainable way.