Active Macroeconomic Policy for Accelerating Achievement of the MDG Targets

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Active Macroeconomic Policy for Accelerating Achievement of the MDG Targets

October 27, 2015

This paper argues that, although the global financial crisis is undermining the achievement of the Millennium Development Goals, active macroeconomic policies can mitigate the negative impacts. The paper shows that MDG-focused countercyclical macroeconomic policies: fiscal, monetary and exchange rate are feasible in developing countries.