Beyond macroeconomic stability: structural transformation and inclusive development

Fuente: Organización Internacional del Trabajo (OIT)
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Hauptverfasser: Iyanatul Islam, David Kucera
Format: Entrada de enciclopedia
Veröffentlicht: International Labour Organization 2013
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author Iyanatul Islam
David Kucera
author_facet Iyanatul Islam
David Kucera
Iyanatul Islam
David Kucera
contents Beyond macroeconomic stability: structural transformation and inclusive development Iyanatul Islam David Kucera Using an empirical approach to track the various sources of structural transformation, the book builds on the thesis that investment in infrastructure leads to the inculcation of capabilities, broadly defined to include knowledge accumulation, dissemination and application. The volume examines secular trends in the functional distribution of income and explores their possible macroeconomic consequences by developing a two-country macroeconomic model for open economies. It also reinterprets social protection from the perspective of inclusive development and structural transformation. Further, through a combination of country-specific and global evidence as well as macroeconomic modeling and literature surveys, it seeks to answer the question of whether growing inequality in many countries combined with stagnant real incomes was one of the sources of the recent global crisis. This book offers an essential new resource to economists, labour specialists, policy-makers, teachers, students and all those interested in the economics and theories of development. Co-published with Palgrave Macmillan as part of the Advances in Labour Studies series. Palgrave Macmillan publication.encyclopediaEntry
format Entrada de enciclopedia
id ilo_995271906102676
institution Organización Internacional del Trabajo (OIT)
publishDate 2013
publisher International Labour Organization
spellingShingle Beyond macroeconomic stability: structural transformation and inclusive development
Iyanatul Islam
David Kucera
Beyond macroeconomic stability: structural transformation and inclusive development Iyanatul Islam David Kucera Using an empirical approach to track the various sources of structural transformation, the book builds on the thesis that investment in infrastructure leads to the inculcation of capabilities, broadly defined to include knowledge accumulation, dissemination and application. The volume examines secular trends in the functional distribution of income and explores their possible macroeconomic consequences by developing a two-country macroeconomic model for open economies. It also reinterprets social protection from the perspective of inclusive development and structural transformation. Further, through a combination of country-specific and global evidence as well as macroeconomic modeling and literature surveys, it seeks to answer the question of whether growing inequality in many countries combined with stagnant real incomes was one of the sources of the recent global crisis. This book offers an essential new resource to economists, labour specialists, policy-makers, teachers, students and all those interested in the economics and theories of development. Co-published with Palgrave Macmillan as part of the Advances in Labour Studies series. Palgrave Macmillan publication.encyclopediaEntry
title Beyond macroeconomic stability: structural transformation and inclusive development
url https://researchrepository.ilo.org/esploro/outputs/encyclopediaEntry/Beyond-macroeconomic-stability-structural-transformation-and/995271906102676