Abstract
In their IPC Policy Research Brief #4 (Paper #1 in this volume), John Weeks and Terry McKinley propose major departures from the prevailing neoliberal macroeconomic framework that has dominated policymaking in sub-Saharan Africa. The neoliberal model favours fiscal policy that is preoccupied with maintaining small deficits, monetary policy that is fixated on low inflation targets, and exchange-rate policy that is committed to full flexibility.
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References
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© 2009 United Nations Development Programme
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Pollin, R., Epstein, G., Heintz, J. (2009). Pro-Growth Alternatives for Monetary and Financial Policies in Sub-Saharan Africa. In: McKinley, T. (eds) Economic Alternatives for Growth, Employment and Poverty Reduction. Palgrave Macmillan, London. https://doi.org/10.1057/9780230250635_3
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DOI: https://doi.org/10.1057/9780230250635_3
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-30643-5
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