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The Conduct of the Macroeconomic Policy

In: Korean Economic Dynamism

Author

Listed:
  • Dilip K. Das

    (Ecole Supérieure des Sciences Economiques et Commerciales)

Abstract

The principal macroeconomic instruments include fiscal policies, monetary policies, trade and exchange rate policies and wages and employment policies. The other significant ones are those related to technology and the inflow of external financial resources. These policy variables are under the direct or indirect control of the government, and making changes in them affects one or more of the macroeconomic objectives. They directly influence the financial sector of the economy and the conditions for saving and investment and, in turn, the cadence of the economy.

Suggested Citation

  • Dilip K. Das, 1992. "The Conduct of the Macroeconomic Policy," Palgrave Macmillan Books, in: Korean Economic Dynamism, chapter 4, pages 83-139, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37385-3_4
    DOI: 10.1057/9780230373853_4
    as

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