Within the New Consensus Macroeconomics, monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide. This book raises problems...

What are the poverty reduction goals of the European development cooperation agencies? This book examines the credibility of their actual record in terms of their commitment and approaches to poverty reduction. The poverty impact of their aid programmes and their good and bad practices are...