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,...

Examines the use of social accounting matrices in development planning.

Provides a conceptual and normative framework for developing an appropriate policy response to some of the problems posed by the informal economy.

ILO pub-WEP pub. Working paper on economic policies geared to basic needs satisfaction and the influence on value added shares in input output tables of 36 developing countries - covers economic models concerning major economic sectors, gross domestic product, literacy rate, and forecasts for...

Undertakes a content analysis of 2009 - 2010 IMF Article IV consultations for a sample of thirty low income and twenty middle income countries on fiscal adjustment, inflation targets, employment generation, poverty reduction and expansion of social protection.

Argues that the effects of financial liberalization on employment and incomes often carry disturb economic and social development and that financial liberalization warrants at least as much attention as trade liberalization. Compares and weighs the potential benefits in terms of growth against...

This paper examines in an integrated manner the multiple dimensions of what has come to be called the “policy space” or “policy autonomy” of developing countries, i.e. their ability to calibrate national policies to local conditions and needs (especially with respect to their development...

ILO pub-WEP pub. Working paper on the impact of industrialization on employment creation and basic needs satisfaction in agricultural economies, comprising a case study of Punjab, India - discusses poverty, industrial structure and productivity trends (1961-1978), relations between agricultural...

Argues that strategies encouraging surplus extraction from agriculture, combined with stalled industrialisation constitute the root causes of persistent rural poverty. Suggests that an agriculture-first strategy is necessary not only for rural poverty alleviation, but also for successful...