Villanueva, Delano.
Macroeconomic Policies and Long-Term Growth A Conceptual and Empirical Review / Delano Villanueva. [electronic resource] : Delano Villanueva. - Washington, D.C. : International Monetary Fund, 1991. - 1 online resource (46 p.) - IMF Working Papers; Working Paper ; No. 91/28 . - IMF Working Papers; Working Paper ; No. 91/28 .
This paper reviews the theoretical and empirical aspects of the relationship between macroeconomic policies and the long-run rate of growth of GNP. The macroeconomic policies examined include fiscal policies, monetary and interest rate policies, external policies, and policies to reform the goods and labor markets, including adjustments of producer prices and wages. In general, the effects of these policies on growth operate directly or indirectly through their influence on investment in physical and human capital, and on factor productivity. The available empirical evidence confirms the effects of specific macroeconomic and financial policies on long-run growth.
1451844565 : 15.00 USD
1018-5941
10.5089/9781451844566.001 doi
Economic Growth
GNP
Growth Rate
Per Capita Income
Terms of Trade
China, People's Republic of
Iran, Islamic Republic of
Philippines
Singapore
Taiwan Province of China
Macroeconomic Policies and Long-Term Growth A Conceptual and Empirical Review / Delano Villanueva. [electronic resource] : Delano Villanueva. - Washington, D.C. : International Monetary Fund, 1991. - 1 online resource (46 p.) - IMF Working Papers; Working Paper ; No. 91/28 . - IMF Working Papers; Working Paper ; No. 91/28 .
This paper reviews the theoretical and empirical aspects of the relationship between macroeconomic policies and the long-run rate of growth of GNP. The macroeconomic policies examined include fiscal policies, monetary and interest rate policies, external policies, and policies to reform the goods and labor markets, including adjustments of producer prices and wages. In general, the effects of these policies on growth operate directly or indirectly through their influence on investment in physical and human capital, and on factor productivity. The available empirical evidence confirms the effects of specific macroeconomic and financial policies on long-run growth.
1451844565 : 15.00 USD
1018-5941
10.5089/9781451844566.001 doi
Economic Growth
GNP
Growth Rate
Per Capita Income
Terms of Trade
China, People's Republic of
Iran, Islamic Republic of
Philippines
Singapore
Taiwan Province of China