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Suggests reforming the IMF's approach on its lending strategies to low and middle income countries, better crisis intervention and debt workout mechanisms as well as transforming the IMF into a more multilateral institution.
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Summarizes employment oriented macroeconomic and financial policies that governments in developing countries can adopt to help promote more and better employment as a key to reducing poverty over the medium to long run.
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Critically looks at the impact of trade and capital market liberalisation on income distribution and employment. Reviews the theory of trade liberalisation. Discusses labour intensities in trading and non-trading sectors, examines problems encountered in the shift to a liberalised regime and...
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Focuses on the impact of the global economic crisis on developing countries and their capacity to respond to it. Argues that the creation of fiscal and policy space for developing countries on a sustainable basis needs to be a central feature of the global development agenda.
Persistent link: https://www.econbiz.de/10010967039
This report underscores that International finance is an important vehicle for growth, for creating jobs, for reducing poverty and for financing social services, but that flows of finance, however, are very unevenly distributed. Poor countries remain heavily dependent on public finance. Private...
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