The interplay of macro- and microeconomics

The statement starts with a balance of the 15-years period of the economic reforms occurred in the region, up to the Mexican financial crisis in 1995. The main lesson to be drawn from this period refers to the need of supplementing and reinforcing macro-economic policy, together with the application...

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Autor principal:	Rosenthal, Gert
Formato:	Texto
Lenguaje:	English
Publicado:	2014
Materias:	DECLARACIONES MACROECONOMIA MICROECONOMIA DECLARATIONS MACROECONOMICS MICRO-ECONOMICS
Acceso en línea:	http://hdl.handle.net/11362/10566
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spelling	oai-11362-105662020-03-03T20:03:42Z The interplay of macro- and microeconomics Rosenthal, Gert DECLARACIONES MACROECONOMIA MICROECONOMIA DECLARATIONS MACROECONOMICS MICRO-ECONOMICS The statement starts with a balance of the 15-years period of the economic reforms occurred in the region, up to the Mexican financial crisis in 1995. The main lesson to be drawn from this period refers to the need of supplementing and reinforcing macro-economic policy, together with the application of public policy measures at the micro-, meso-, and institutional levels, in order to support productive modernization, the development of financial and labour markets and the establishment or strengthening of institutions which can help to create an environment conducive to development. Further on, the statement explains the strategies proposed by ECLAC for overcoming the obstacles to accelerated growth within a framework of stability, social equity and democracy. These refer to expanding gross domestic product, increasing productivity and providing more and better jobs. In order to achieve this goal it is necessary to ensure macroeconomic equilibria in its broader sense, raise the level of national saving and channel it into productive investment, as well as an accelerated and systematic incorporation of production and management techniques designed to raise productivity in a growing number of firms. In the last part, the statement refers to the situation of the United Nations and honors the memory of Dr. Raúl Prebisch, on the tenth anniversary of his death. 2014-01-02T18:41:39Z 2014-01-02T18:41:39Z 1996-08 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/10566 LC/G.1931-P en CEPAL Review CEPAL Review 59 application/pdf AMERICA LATINA LATIN AMERICA
institution	Cepal
collection	Cepal
language	English
topic	DECLARACIONES MACROECONOMIA MICROECONOMIA DECLARATIONS MACROECONOMICS MICRO-ECONOMICS
spellingShingle	DECLARACIONES MACROECONOMIA MICROECONOMIA DECLARATIONS MACROECONOMICS MICRO-ECONOMICS Rosenthal, Gert The interplay of macro- and microeconomics
description	The statement starts with a balance of the 15-years period of the economic reforms occurred in the region, up to the Mexican financial crisis in 1995. The main lesson to be drawn from this period refers to the need of supplementing and reinforcing macro-economic policy, together with the application of public policy measures at the micro-, meso-, and institutional levels, in order to support productive modernization, the development of financial and labour markets and the establishment or strengthening of institutions which can help to create an environment conducive to development. Further on, the statement explains the strategies proposed by ECLAC for overcoming the obstacles to accelerated growth within a framework of stability, social equity and democracy. These refer to expanding gross domestic product, increasing productivity and providing more and better jobs. In order to achieve this goal it is necessary to ensure macroeconomic equilibria in its broader sense, raise the level of national saving and channel it into productive investment, as well as an accelerated and systematic incorporation of production and management techniques designed to raise productivity in a growing number of firms. In the last part, the statement refers to the situation of the United Nations and honors the memory of Dr. Raúl Prebisch, on the tenth anniversary of his death.
format	Texto
author	Rosenthal, Gert
author_facet	Rosenthal, Gert
author_sort	Rosenthal, Gert
title	The interplay of macro- and microeconomics
title_short	The interplay of macro- and microeconomics
title_full	The interplay of macro- and microeconomics
title_fullStr	The interplay of macro- and microeconomics
title_full_unstemmed	The interplay of macro- and microeconomics
title_sort	interplay of macro- and microeconomics
publishDate	2014
url	http://hdl.handle.net/11362/10566
work_keys_str_mv	AT rosenthalgert theinterplayofmacroandmicroeconomics AT rosenthalgert interplayofmacroandmicroeconomics
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The interplay of macro- and microeconomics

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