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Role of economists in policy-making

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  • Montek S. Ahluwalia

Abstract

This paper reviews the many areas in which economists play an important role in policy-making, including the quantification of objectives set by political processes, formulation of macroeconomic policy where economists have a dominating role, and also the formulation of sectoral policy where they work in combination with sector experts.

Suggested Citation

  • Montek S. Ahluwalia, 2015. "Role of economists in policy-making," WIDER Working Paper Series wp-2015-144, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2015-144
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    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2015-144.pdf
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    References listed on IDEAS

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    1. D. W. Jorgenson & Z. Griliches, 1967. "The Explanation of Productivity Change," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 34(3), pages 249-283.
    2. Commission on Growth and Development, 2008. "The Growth Report : Strategies for Sustained Growth and Inclusive Development," World Bank Publications - Books, The World Bank Group, number 6507.
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    Cited by:

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    2. Justin Yifu Lin & Célestin Monga & Samuel Standaert, 2019. "The Inclusive Sustainable Transformation Index," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 143(1), pages 47-80, May.
    3. Justin Lin & Monga Célestin & Standaert Samuel, 2017. "Working Paper 257 - The Inclusive and Sustainable Transformation Index," Working Paper Series 2368, African Development Bank.

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    Economists; Macroeconomics;

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