This volume rests on three thematic pillars: the limits of conventional macroeconomics; the long-run agenda of structural transformation and the development of capabilities. Islam and Kucera highlight the tenuous links of conventional macroeconomics with core development concerns. The chapters...

Cover -- Title -- Copyright -- Table of Contents -- Acknowledgments -- Abbreviations -- Chapter 1 Global Outlook: A Fragile Recovery -- Summary -- Major economies: Recent developments and outlook -- Global trends -- Emerging market and developing economies: Recent developments and outlook --...