IPD’s Macroeconomics theme focuses on the stability and efficiency of the system. Projects under this theme seek to examine neoliberal frameworks and propose alternative analytical constructions, with a focus on expectations formation, the nature of shocks and propagation, and the dynamic properties of the system when inconsistencies – including unsustainable debts – get revealed. IPD conducts and publishes macroeconomics research and frameworks that recognize the importance of connecting macroeconomic theories to real economic conditions, policy proposals, and outcomes.
IPD’s Macroeconomics Task Force aims to provide a comprehensive framework for addressing key policy issues facing developing countries. These include discussions of the appropriate objectives,