Despite earlier income convergence among nations, many low-income countries (LICs) and people are falling further…
Macroeconomic Policy, Growth and Poverty Reduction Terry McKinley
Many of the issues raised by heterodox economists are now being assimilated into a new “Post-Washington consensus”. The challenge is to construct a policy package that achieves the optimal impact in terms of reducing poverty.
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(This is the introduction by Terry McKinley to the edited volume Macroeconomic Policy, Growth and Poverty Reduction, published by Palgrave, New York)