Macroeconomic Policy
Task Force Chairs
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Ricardo Ffrench-Davis
Professor of Economics
University of Chile
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Deepak Nayyar
Vice Chancellor
University of Delhi
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Joseph Stiglitz
President
Initiative for Policy Dialogue (IPD)
IPD’s Macroeconomics Task Force aims to provide a comprehensive framework for addressing key policy issues facing developing countries. These include discussions of the appropriate objectives, instruments including tax policies, policy frameworks, and institutions. In particular, the Task Force seeks to differentiate economic tools from objectives. Much macroeconomic policy and analysis has confused intermediate with final variables. The objectives of macroeconomic policy include growth, employment, and improved living standards. Targets such as economic stability and low inflation should not be viewed as objectives in-themselves, but a means to the ultimate objective of long-term sustainable growth.
Upcoming Events
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No upcoming events currently
Past Events
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The Role of the State in Economic Growth in East Asia
03/31/16 Meeting
Beijing, China
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The 2nd Latin America-China Conference: China-LAC Development Collaboration - A "New Normal"?
03/21/16 Meeting
Shanghai, China
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International Policy Rules and National Inequalities: Implications for Global Economic Governance
01/19/16 Meeting
New York, New York, United States
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IPD/FEPS 3rd Annual Conference on Investment for Growth and Employment
10/13/14 Meeting
Washington, District of Columbia, United States
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Public Panel Debate on Investment for Growth and Employment
10/12/14 Meeting
Washington, District of Columbia, United States
Latest Publications
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The Welfare State in the Twenty-First Century
07/12/17 Network Paper
Joseph Stiglitz
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Real Exchange Rate Policy for Economic Development
07/26/16 Working Paper
José Antonio Ocampo, Martin Guzman, Joseph Stiglitz
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Rewriting the Rules of the American Economy
12/11/15 Book
Joseph Stiglitz
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Development Cooperation in Times of Crisis
07/24/12 Book
José Antonio Alonso (Editor), José Antonio Ocampo (Editor)
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Growth and Policy in Developing Countries
11/01/09 Book
José Antonio Ocampo, Lance Taylor, Codrina Rada
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Stylized Facts and Policy Alternatives
01/20/09 Working Paper
Codrina Rada, Lance Taylor, José Antonio Ocampo
IPD’s Macroeconomics Task Force aims to provide a comprehensive framework for addressing key policy issues facing developing countries. These include discussions of the appropriate objectives, instruments including tax policies, policy frameworks, and institutions. In particular, the Task Force seeks to differentiate economic tools from objectives. Much macroeconomic policy and analysis has confused intermediate with final variables. The objectives of macroeconomic policy include growth, employment, and improved living standards. Targets such as economic stability and low inflation should not be viewed as objectives in-themselves, but a means to the ultimate objective of long-term sustainable growth.
The Task Force redefines the traditional macroeconomic framework to include issues such as credit rationing and finance and alternative accounting frameworks. It examines alternative policy instruments to broaden the traditional tools available to policymakers.