The Importance of Macroeconomic Stability with Kyla Wethli, Lead Author, World Development Report 2014

The Importance of Macroeconomic Stability

Risks are a part of our everyday lives. Losses from risks and missed opportunities affect everyone. In the last two decades the world has experienced international integration, technological innovation, and economic reform, but also financial turbulence and environmental damage. The fear of loss can prevent people from pursuing development opportunities, leaving many poor people trapped in poverty. However, societies that successfully adapt to risks can make dramatic gains in their living standards.

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The Importance of Macroeconomic Stability

The Importance of Macroeconomic Stability