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Corporate governance. --- Economic stabilization. --- Entrepreneurship.

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Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively on the levels of public debt and the cash deficit. Very little attention was paid to the effects of fiscal policy on growth and on macroeconomic volatility over the cycle. Important issues such as the composition of public expenditures (and its effects on growth), the ability of fiscal policy to stabilize cyclical fluctuations, and the currency composition of public debt were largely neglected. As

Fiscal policy --- Finance, Public --- Economic stabilization --- Latin America --- Economic policy.

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This thought-provoking volume goes beyond the narrow conceptualization of macroeconomic stability in the conventional framework and explores the link between structural transformation and inclusive development. It examines three thematic pillars: the limits of conventional macroeconomics; the long-run agenda of structural transformation and the development of capabilities; and inequality and its macroeconomic consequences. It offers a valuable new resource to economists, policy-makers and all those interested in inclusive economic development.

Structural adjustment (Economic policy) --- Economic stabilization --- Developing countries --- Economic policy.

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Economic stabilization --- Financial crises --- Southeast Asia --- Economic conditions

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Economic stabilization --- Developing countries --- Economic policy. --- Economic conditions.