Fiscal and Monetary Policies in Developing Countries: State, Citizenship and Transformation

The COVID-19 crisis has exacerbated the structural rigidities and institutional fragilities in developing countries, necessitating a rethinking of fiscal and monetary policies. This book examines the barriers to transformation and provides pathways to recovery based on an economic policymaking agenda. It employs an interdisciplinary approach and considers the experiences of advanced economies. The book critically assesses the relevance of different schools of thought and offers nuanced theoretical apparatuses for developing countries. It is a valuable resource for scholars, researchers, policymakers, and policy advocates.

Format: Paperback / softback
Length: 284 pages
Publication date: 25 September 2023
Publisher: Taylor & Francis Ltd

The COVID-19 crisis has brought to light the fragility of the economies of developing countries, highlighting the need for a reassessment of fiscal and monetary policies to address relief, recovery, and reconstruction efforts. In response to this challenge, this book explores the barriers to transformation in developing countries and offers insights into recovery paths based on an economic policymaking agenda. It examines the historical context of fiscal and monetary policies, comparing pre- and post-colonial periods to the present-day context. The book employs an interdisciplinary approach, drawing from advanced economies as well as the experiences of developing countries. It utilizes data at three levels: aggregate, single-country, and cross-country, providing a comprehensive analysis. The book critically assesses different schools of thought and presents nuanced theoretical apparatuses applicable to developing countries. Each chapter includes detailed historical country case studies, allowing readers to undertake a country-specific analysis. The book is designed to appeal to scholars and researchers interested in gaining a deeper understanding of fiscal and monetary policies, particularly in developing countries. Additionally, it serves as a valuable resource for policymakers and policy advocates seeking to develop monetary and fiscal policies that align with the unique challenges faced by developing nations.
The COVID-19 crisis has exposed the vulnerabilities of developing countries' economies, underscoring the urgent need for a reevaluation of fiscal and monetary policies to facilitate relief, recovery, and reconstruction efforts. In response to this pressing challenge, this book delves into the barriers to transformation in developing nations and provides valuable insights into recovery pathways based on an economic policymaking agenda. It examines the historical context of fiscal and monetary policies, comparing pre- and post-colonial periods to the present-day context. The book employs an interdisciplinary approach, drawing from both advanced economies and the experiences of developing countries. It utilizes data at three distinct levels: aggregate, single-country, and cross-country, enabling a comprehensive analysis. The book critically assesses various schools of thought and presents nuanced theoretical frameworks that are tailored to the specific needs of developing countries. Each chapter includes detailed historical country case studies, allowing readers to conduct a country-specific analysis. The book is meticulously designed to appeal to scholars and researchers with a keen interest in gaining a deeper understanding of fiscal and monetary policies, particularly in developing countries. Furthermore, it serves as a valuable resource for policymakers and policy advocates who are seeking to develop monetary and fiscal policies that align with the unique challenges faced by developing nations.

Weight: 453g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032063485