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 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.
PART 1: OVERVIEW AND POVERTY IMPACT OF MAIN MACROECONOMIC POLICIES
Potential and Limitations of Pro-Poor Macroeconomics: An Overview; G.A.Cornia
Pro-Poor Fiscal Policy in the Globalized Economy; R.Jha
Can Monetary Approaches to Stabilization be Pro-Poor?; S.K.Chand
Exchange Rate Regimes for Development and Poverty Alleviation; G.A.Cornia
Portfolio Flows, Macroeconomic Policy and Global Poverty; C.E.Weller
The Effects of FDI on Growth and Inequality; C.Bonassi, G.Giovannetti
Safety Nets for the Poor: A Missing International Dimension?; S.G.Reddy
PART 2: COUNTRY CASE STUDIES
Financial and Trade Reforms and Impact on Poverty and Income Inequality: The Case of Mauritius; S.K.Bundoo
Macroeconomic Policy, Growth, Redistribution and Poverty Reduction: The Case of Malaysia; W.C.Hui
The Search for Macroeconomic Stability and Growth under Persistent Inequality: The Case of Chile; A.Solimano
Macroeconomic Policy, Inequality and Poverty Reduction in Fast-Growing India and China; C.P.Chandrasekhar
Heterodox Macroeconomic Policies, Inequality and Poverty in Uzbekistan; G.A.Cornia
Macroeconomic Policy and Pro-Poor Growth in a Dualistic Economy: The Case of Bolivia; S.Klasen
Has Macroeconomic Policy Been Pro-Poor in Brazil?; J.S.Arbache
Giovanni Andrea Cornia
is currently Professor of Development Economics in the Faculty of Economics at the University of Florence. Key publications include Adjustment with a Human Face
(Vol.I, 1987 and Vol. II, 1998) with Richard Jolly and Frances Stuart; Transitions and Institutions: the Experience of Gradual and Late Reformer
s (2001) with Vladimir Popov. “Poverty and Inequality in the Era of Liberalization and Globalisation” in Human Development and the Enviroment
, ed. by H. Van Ginkel et al.
Pro-Poor Macroeconomics: Potential and Limitations
is copublished with Palgrave Macmillan; hardback ISBN-10: 0-230-00488-1; ISBN-13:978-0-230-00488-7, 376 pages, 2006, £70.
: Palgrave Macmillan Publishers Limited, Brunel Road, Houndmills, Basingstoke, Hampshire RG21 6XS, United Kingdom. Phone: +44 (0) 1256 302699; Fax: +44 (0) 1256 330688; firstname.lastname@example.org
This volume is part of the UNRISD series, Social Policy in a Development Context
, which examines ways in which social policy can be instrumental to economic development while maintaining its intrinsic goal of social protection and equity.