Stability with Growth: Macroeconomics, Liberalization and Development

Joseph Stiglitz, Jose Antonio Ocampo, Shari Spiegel, Ricardo Ffrench-Davis and Deepak Nayyar
Additional contact information
Shari Spiegel: Managing Director, Initiative for Policy Dialogue (IPD)
Deepak Nayyar: Vice Chancellor, University of Delhi

in OUP Catalogue from Oxford University Press

Abstract: There is growing dissatisfaction with the economic policies advocated by the IMF and other international financial institutions - policies that have often resulted in stagnating growth, crises, and recessions for client countries. This book presents an alternative to "Washington Consensus" neo-liberal economic policies by showing that both macro-economic and liberalization policy must be sensitive to the particular circumstances of developing countries. One-size-fits-all policy prescriptions are likely to fail given the vast differences between countries. This book discusses how alternative approaches to economic policy can better serve developing countries both in ordinary times and in times of crisis.

Date: 2006
ISBN: 9780199288144
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