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Bibliographic Details
Main Author: M. Muqtada
Format: Entrada de enciclopedia
Published: International Labour Organization 2010
Online Access:https://researchrepository.ilo.org/esploro/outputs/encyclopediaEntry/The-crisis-of-orthodox-macroeconomic-policy/995218933102676
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Table of Contents:
  • The crisis of orthodox macroeconomic policy: the case for a renewed commitment to full employment M. Muqtada Critically reviews the macroeconomic experiences of the past three decades to argue the case against orthodox macroeconomics. Suggests that the prevailing orthodoxy in macroeconomics needs to give way to an alternative policy paradigm in which the Copenhagen commitment on full employment, subsequently incorporated as a Millennium Development Goal, plays a central role. The global recession of 2008-2009 reinforces the potency of this proposition. Employment working paper, no. 53, ILO ISBN 9789221235125 publication.encyclopediaEntry