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E.V.K. FitzGerald takes a fresh approach to the macroeconomics of developing countries, based on the influence of global markets on domestic savings, private investment, firm behaviours, employment levels and income distribution. He suggests that a Keynesian approach is still relevant today when reformulated to reflect open economies, heterogeneous firms, poverty reduction objectives and volatile financial markets. The study concludes with clear recommendations as to how global capital markets might be reconstructed in order to better support economic development.
Published by: Palgrave Macmillan
Publication Date: 2003-07-08
Format: Paperback
ISBN-13: 9781349512232
DOI: 10.1057/9780230502369
Dimensions: 216cm x140cm
Pages: 224