Pro-Growth Alternatives for Monetary and Financial Policies in Sub-Saharan Africa

Author: Robert Pollin ,Gerald Epstein ,James Heintz
Thematic Area: Inclusive Growth

Abstract:In their IPC Policy Research Brief #4, 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.

Keywords:Pro-Growth, Monetary and Financial Policies, Sub-Saharan Africa
Publication Date:
Type/Issue:Policy Research Brief/6
ISSN:2358-1379

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