Fiscal and Monetary Policies in Developing Countries : State, Citizenship and Transformation book cover
1st Edition

Fiscal and Monetary Policies in Developing Countries
State, Citizenship and Transformation

  • Available for pre-order. Item will ship after December 24, 2021
ISBN 9781032063461
December 24, 2021 Forthcoming by Routledge
368 Pages 60 B/W Illustrations

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Book Description

The COVID-19 crisis has fractured the pre-existing structural rigidities and institutional fragilities in the economies of developing countries more than ever, necessitating a rethinking of fiscal and monetary policies, the main vehicles for relief, recovery and reconstruction.

This book examines the barriers to transformation in developing countries in the wake of the pandemic and analyses the paths to recovery based on an economic-policymaking agenda. It juxtaposes fiscal and monetary policies and state-building from pre- and post- colonial periods to the present-day context. It employs an interdisciplinary approach and ventures beyond the well-rehearsed tendency to explain the state of developing countries by considering the experiences of advanced economies. The book utilises data on three levels: the aggregate level using world data, the single-country context with case studies, and a cross-country assessment for comparative analysis. Further, the book critically assesses the relevance of different schools of thoughts and provides nuanced thought-provoking theoretical apparatuses applicable for developing countries, as well as allowing the reader to undertake a country-specific analysis, through the detailed historical country case studies undertaken in each chapter. Each chapter has a detailed and separate theoretical and empirical section for ease of understanding of the key propositions in the book.

The book will find an audience among scholars and researchers alike, who wish to gain a deeper understanding of the formulation of fiscal and monetary policies, specifically in developing countries. For policymakers and policy advocates, the book will serve as the groundwork on monetary and fiscal policies in the context of developing countries, providing more relevant instruments for transformational pathways.

Table of Contents

Chapter 1-State Building and Economic Policy Making

Chapter 2- Framing Fiscal and Monetary Policies for Developing Countries

Chapter 3- Fiscal Policy And The State-Citizen Relationship

Chapter 4- Fiscal Policy And Productive Capacity

Chapter 5- Equality, Welfare and State

Chapter 6- Monetary Policy, Growth And Employment

Chapter 7- Price, Inflation And Monetary Policy

Chapter 8- An Agenda For Transformation

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Rashed Al Mahmud Titumir is a Professor in the Department of Development Studies, Faculty of Social Sciences, at the University of Dhaka, Bangladesh.