"Brazil probably did the worst job of any major commodity producing country in putting the boom to good use, and especially under Dilma its macro policies were simply atrocious," says Arthur Kroeber, managing director of GaveKal Dragonomics, who says Brazil needs to demolish its labyrinth of taxes and regulation and invest more in infrastructure and education.
Such macro-policies are in danger of closing down thinking in a community that is already segregated and insular.
"Everything we can do from a macro policy perspective is being done, and the question is, will it work?
TIM DUY, one of the best writers on macro policy issues, is optimistic about America's economy and wonders why more people aren't:Overall, I find the pessimism (from the right and the left) inconsistent with the fact that despite the ups and downs of the quarterly data, throughout the recovery, GDP has grown at a fairly consistent rate.
The tax, health policy and some of the macro-economic policy are in line with stated Conservative policy, but the green laws and extra spending on education take Clegg's party closer to Labour.
OLIVIER BLANCHARD, the IMF's chief economist, and a couple of other Fund economists ruminate in a new paper out today about how macro policy might be reoriented in the light of the crisis.
The relevance of the programme strategy in relation to macro policy contexts was potentially supportive of, and influential with regard to, national policy formulation and decisions at the macro level.
Unfortunately, Kenya's macro policies have been starting to look a little wobbly.
In most economies, these macro-prudential policies are modest, owing to policymakers' political constraints: households, real-estate developers, and elected officials protest loudly when the central bank or the regulatory authority in charge of financial stability tries to take away the punch bowl of liquidity.
