ranjan

Macroeconomic policies influence and contribute to the attainment of rapid, sustainable economic growth aimed at poverty reduction in a variety of ways. Macroeconomic stability by itself does not ensure high rates of economic growth. In most cases, sustained high rate of growth also depend key structural measures such as regulatory reform, privatization, civil service reforms, improved Governance, banking sector reform, trade liberalization etc.  Growth associated with progressive distributional changes will have a greater impact on poverty than growth that leaves distribution unchanged. As such, policies that improve the distribution of income and assets in a society such as land tenure reform, pro-poor public expenditure and measures to increase the poor's access to financial markets will form strong element of country's poverty reduction strategy.  Three main types of government macroeconomic policies are - Fiscal policy, Monetary policy and Supply side policy. The objective