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Growth oriented macroeconomic policies for small islands economies: Lessons from Singapore

Chowdhury, Anis - 2008

Most small island economies or microstates have distinctly different characteristics from larger developing economies … also suffer from locational disadvantages. Although a few small island economies have succeeded in generating sustained … small island economies or microstates. Most work follows the conventional framework and finds no or very little …

Persistent link: https://www.econbiz.de/10010273514

Slowdown and Crisis in the Indian Economy - A Study of the Macroeconomic Developments between the Global Financial Crisis and the COVID-19 Crisis (2011-12 to 2019-20)

Morris, Sebastian - 2020

In this paper we bring out the performance of the Indian economy, and review the approach of macroeconomic policy especially demand management in the Indian economy. After the shock of the Global Financial Crisis (GFC), India’s economy did not dip much due to the well-directed fiscal stimulus...

Persistent link: https://www.econbiz.de/10014090181

Political Economics and Macroeconomic Policy

Persson, Torsten; Tabellini, Guido - 2008

This paper surveys the recent literature on the theory of macroeconomic policy. We study the effect of various incentive constraints on the policy making process, such as lack of credibility, political opportunism, political ideology, and divided government. The survey is organized in three...

Persistent link: https://www.econbiz.de/10014070302

Chapter 22 Political economics and macroeconomic policy

Persson, Torsten; Tabellini, Guido - In: Handbook of macroeconomics : volume 1, part C, (pp. 1397-1482). 1999

This chapter surveys the recent literature on the theory of macroeconomic policy. We study the effect of various incentive constraints on the policy making process, such as lack of credibility, political opportunism, political ideology, and divided government. The survey is organized in three...

Persistent link: https://www.econbiz.de/10014024218

Macroeconomic Policy, Poverty, and Equality in Latin America and the Caribbean

Taylor, Lance; Ganuza, Enrique - 1998

This paper takes up a question frequently raised but rarely addressed empirically - do macroeconomic policy changes and exogenous macro shocks have significant impacts on poverty and income inequality more generally? For 15 countries in Latin America and the Caribbean over the past two decades,...

Persistent link: https://www.econbiz.de/10014066149

Chapter 15 National Policies and Economic Growth: A Reappraisal

Easterly, William - 2005

The new growth literature, using both endogenous growth and neoclassical models, has generated strong claims for the effect of national policies on economic growth. Empirical work on policies and growth has tended to confirm these claims. This paper casts doubt on this claim for strong effects...

Persistent link: https://www.econbiz.de/10014023772

Institutions vs. Policies : A Tale of Two Islands

Henry, Peter Blair; Miller, Conrad - 2009

Recent work emphasizes the primacy of differences in countries' colonially-bequeathed property rights and legal systems for explaining differences in their subsequent economic development. Barbados and Jamaica provide a striking counter example to this long-run view of income determination. Both...

Persistent link: https://www.econbiz.de/10014208624

Is the Chinese Growth Miracle Built to Last?

Prasad, Eswar S. - 2021

Is the Chinese growth miracle - a remarkably high growth rate sustained for over two decades - likely to persist or are the seeds of its eventual demise contained in the policies that have boosted growth? For all its presumed flaws, the particular approach to macroeconomic and structural...

Persistent link: https://www.econbiz.de/10013316851

The Policy Response to Macroeconomic and Fiscal Imbalances in Italy in the Last Fifteen Years

Bassanetti, Antonio; Bugamelli, Matteo; Momigliano, Sandro - 2014

This paper reviews the main macroeconomic trends and the debate on policy priorities in Italy since the advent of EMU. It argues that, in the decade up to the outbreak of the global crisis (1998-2007), in Italy the reform process came to a virtual standstill and fiscal policy was inconsistent...

Persistent link: https://www.econbiz.de/10014144603

The Policy Response to Macroeconomic and Fiscal Imbalances in Italy in the Last Fifteen Years

Bassanetti, Antonio - 2014

This paper reviews the main macroeconomic trends and the debate on policy priorities in Italy since the end of the Nineties. In the decade up to the outbreak of the global crisis (1998-2007), in Italy the reform process came to a virtual standstill; this is partly due to the fragmentation of the...

Persistent link: https://www.econbiz.de/10013055989

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