Mobilizing Domestic Resources

Jan Kregel

International Journal of Political Economy, 2009, vol. 38, issue 3, 39-57

Abstract: Are developing countries supply or demand constrained? The former approach has come to dominate the earlier, Keynesian inspired approach. This paper attempts to resurrect the demand-based theories of the development pioneers of the 1950s, suggesting that employment policy should be an integral part of development policy and that an appropriate mobilization of unemployed labor resources through a government employment guarantee or employer of last resort program can provide an efficient and rapid means of meeting many of the United Nations international development goals, including many of the millennium development goals.

Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:mes:ijpoec:v:38:y:2009:i:3:p:39-57

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DOI: 10.2753/IJP0891-1916380303

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