Abstract
![CDATA[Burdened with the stagflation of the 1970s in the wake of two oil price shocks and the debt crises of the early 1980s, the profession of development economics was preoccupied with stabilisation in the last two decades. This was also the period of aid-fatigue and the rise of conditionality based lending by international financial institutions such as the International Monetary Fund (IMF) and the World Bank (WB). One major component of conditionality has been macroeconomic stabilisation.]]
| Original language | English |
|---|---|
| Title of host publication | Poverty, Poverty Alleviation, and Social Disadvantage : Analysis, Case Studies, and Policies |
| Editors | C. A. (Clement Allan) Tisdell |
| Place of Publication | India |
| Publisher | Serials Publications |
| Pages | 203-232 |
| Number of pages | 30 |
| ISBN (Print) | 9788183871112 |
| Publication status | Published - 2007 |
Keywords
- monetary policy
- development economics
- developing countries
- debts
- public
- loans
- foreign
