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Stability with Growth: Macroeconomics, Liberalization and Development

Author

Listed:
  • Stiglitz, Joseph

    (President, Initiative for Policy Dialogue (IPD))

  • Ocampo, Jose Antonio

    (United Nations Under-Secretary-General for Economic and Social Affairs)

  • Spiegel, Shari

    (Managing Director, Initiative for Policy Dialogue (IPD))

  • Ffrench-Davis, Ricardo

    (Main Adviser, Economic Commission for Latin America and the Caribbean (ECLAC))

  • Nayyar, Deepak

    (Vice Chancellor, University of Delhi)

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.

Suggested Citation

  • Stiglitz, Joseph & Ocampo, Jose Antonio & Spiegel, Shari & Ffrench-Davis, Ricardo & Nayyar, Deepak, 2006. "Stability with Growth: Macroeconomics, Liberalization and Development," OUP Catalogue, Oxford University Press, number 9780199288144.
    • Handle: RePEc:oxp:obooks:9780199288144
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