Abstract
In their IPC Policy Research Brief #4 (Paper #1 in this volume), John Weeks and Terry McKinley propose major departures from the prevailing neoliberal macroeconomic framework that has dominated policymaking in sub-Saharan Africa. The neoliberal model favours fiscal policy that is preoccupied with maintaining small deficits, monetary policy that is fixated on low inflation targets, and exchange-rate policy that is committed to full flexibility.KeywordsExchange RateMonetary PolicyMoney SupplySupply ShockAsian Development BankThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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