Macroeconomic Policies For Emerging and Developing Economies

This book examines the relevance of the concepts and hypotheses of macroeconomics in the contemporary world. It discusses the current debates on theory and practices of macroeconomic policies with a focus on developing economies emerging from the impact of Covid-19 pandemic. The volume advocates for a symbiotic relationship between macroeconomic policies and development strategies. It analyses several issues related to macroeconomic tools, which include openness, capital flows, exchange rate and financial strategies. It underscores the need to design a development strategy that accounts for the economic context of the countries concerned. Further, the book advocates for well-regulated macrofinancial policies promoting sustainable growth. It also provides recommendations to policy makers on formulating a sound and inclusive macroeconomic policy essential for financial stability.