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Socially Reponsive Macroeconomics
Sunday, March 26- 2:30 p.m. to 6:00 p.m.
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| In recent years the debate on macroeconomic policy has featured an important gap. The link between macroeconomic events, income distribution and poverty is often not made, or not made explicitly. Yet decisions at the macro level affect the incomes of different groups not in the same way. Exchange rate regimes is one example. Hard pegs (and dollarization) or flexible exchange rates will distribute the costs of coping with shocks very differently. Alternative fiscal and monetary policy responses to adverse shocks may also produce distinct outcomes for the poor. So would government interventions in the capital markets. Would the choice of exchange rate regime or the choice of instruments for crisis prevention and crisis response be different if the impact on income distribution and poverty were explicitly considered? This question will be addressed by a panel of distinguished analysts and policymakers of worldwide recognition. This seminar will also provide an opportunity to launch the IDB book on Social Protection for Equity and Growth.
Contact: Almudena Ocejo AlmudenaO@iadb.org
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