Growth, Development Policy,Job Creation and Poverty Reduction
Policies seeking to directly help the poor have an important role to play. But without sustained growth in per capita output and significant job creation, they will not succeed. Policies promoting growth have been suggested, most notably by avoiding pro-cyclical responses to macroeconomic shocks (especially from abroad), steering macroeconomic prices, such as exchange and interest rates, to support developmental objectives, pursuing industrial and trade policies involving increasing returns, promoting financial development, and making productive use of foreign aid. Ensuring national economies have sufficient policy space to achieve sustained growth and structural change should be the over-riding policy concern.
Year of publication: |
2009-12
|
---|---|
Authors: | Taylor, Lance |
Institutions: | Department of Economic and Social Affairs, United Nations |
Subject: | Macroeconomic policy | development policy | economic growth | poverty reduction | employment | job creation |
Saved in:
freely available
Saved in favorites
Similar items by subject
-
Pro-Poor Macroeconomics in Brazil?
Arbache, Jorge, (2005)
-
The Global Consumption and Income Project (GCIP) : an introduction and preliminary findings
Lahoti, Rahul, (2014)
-
Economic Policy in South Africa: Past Present and Future
Bhorat, Haroon, (2014)
- More ...
Similar items by person