The macroeconomics of development financing

09 Jul 2015 by Degol Hailu, Senior Advisor, UNDP

Mean years of schooling in countries employing relaxed macroeconomic policies are 1.5 years higher than those which adopted more restrictive policies.
During the summit on Financing for Development in Addis Ababa, the world community will agree to strengthen domestic resource mobilization capacity, increase the availability of external funds, reduce the cost of sending remittances and tackle illicit financial flows. However, all of these measures could be futile if countries adopt macroeconomic policies that are not developmental. In this blog series, our experts share their thoughts on key financing for development issues … Read more

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