An increasing number of our countries are implementing sound macroeconomic policies.

At the national level, we have combined sound macroeconomic policies with strong social programmes.

Macroeconomic policies

Government policies for the promotion of a sound macroeconomic framework are essential for sustained economic growth.

Establishing a sound macroeconomic environment

One of the conditions necessary for good economic performance and development is having sound macroeconomic policies in place.

Sound and predictable macroeconomic policies are more feasible within the right institutional context, such as that of transparent decision making.

Macroeconomic policies could not be contrary to social policies.

Subprogramme 3 Macroeconomic policies and growth

This can be attributed, in part, to the sound macroeconomic policies as well as the open trade and investment policies in the major developing economies of the region.

(d) The importance of national macroeconomic policies

Promote good governance at all levels, pursue sound macroeconomic policies and put in place policies and investments to drive sustained economic growth, stimulate the private sector and promote employment generation

It invested in education and technology, pushed a high savings rate, enacted a strong and effective affirmative action program, and adopted sound macroeconomic policies.

A sound and coherent macroeconomic policy framework, supported by effective and transparent laws and regulations, is critical to successful implementation of policies and programmes.

5. Sound macroeconomic policies, a strong fiscal system, the development of human resources in environmental management and administrative efficiency are essential for successful internalization.

China s macroeconomic policies are probably still too administrative.

Sound macroeconomic policies relate to sustainable fiscal and external balances, moderate inflation, low and stable interest rates, stable exchange rates and increasingly stable asset prices.

50. A sound and growth oriented macroeconomic framework will need to be complemented by targeted policies and strategies for the reduction and alleviation of poverty.

The need for sound macroeconomic management as well as effective and efficient social policies and well targeted programmes for the excluded and disadvantaged was emphasized.

So what should developing countries do, aside from maintaining sound macroeconomic policies, curbing excessive domestic financial leverage, and attempting to isolate themselves from volatile capital inflows?

(b) Sound and sustainable macroeconomic policies, political stability, good governance, physical and institutional infrastructure and human resource development are a prerequisite for encouraging increased investment in Africa

A conducive external environment was essential, and the developed countries should employ sound macroeconomic policies, particularly in the area of trade liberalization, financial flows and monetary stability.

To work smoothly, expansive macroeconomic policies require compatible microeconomic rules.

Realizing the Millennium Development Goals through socially inclusive macroeconomic policies

6. Recognizes the importance of the adoption of appropriate policy responses to the challenges of globalization at the national level, in particular by pursuing sound and stable domestic policies, including sound macroeconomic and social policies, in order to realize the objective of the eradication of poverty

Macroeconomic policies leading to a degree of stability were also important.

Measures to promote macroeconomic policies must be consistent with human rights.

5. To coordinate macroeconomic and sectoral policies on a regional basis.

Sound policies are needed to reverse those problems.

Through the implementation of sound political and macroeconomic policies and strategies for development, we have registered economic growth rates that have averaged 7.5 per cent annually from 2000 to 2005.

These programmes were aimed at restoring macroeconomic stability, ensuring sound management of the Government budget, accelerating the implementation of market oriented reforms and establishing efficient trade and exchange rate policies.

This has been the fate of some of our standard macroeconomic policies.

(b) One P 2 for subprogramme 3, Macroeconomic policies and growth (ibid.)

Environmental problems should be resolved through environmental policies and appropriate macroeconomic strategies.

Poverty reduction was impossible without economic growth, without sound macroeconomic policies, without investment and without opening up to trade however, there were other important factors such as equity, education and participation.

Many ministers underscored that good governance, transparency in public affairs, the rule of law, accountability and sound macroeconomic policies constituted critical elements of an environment leading to sustained domestic resource mobilization.

Most LDCs have in fact made substantial efforts to reorient their macroeconomic and sectoral policies with a view to creating a favourable environment and sound basis for sustained growth and development.

Macro prudential policies are not a substitute for sound macroeconomic policies nonetheless, they are essential to preventing large asset bubbles and distortions in financial markets, and thus to reducing the risk of adverse shocks to both markets and the real economy.

Most of them had made efforts to reorient their macroeconomic and sectoral policies.

quot (j) Effective coordination of macroeconomic policies be carried out in multilateral forums

On the national level, African countries had established sound macroeconomic policies by means of budget restrictions and economic reform and adjustment programmes, while promoting privatization and the rationalization of the public sector.

It was necessary in particular to coordinate macroeconomic policies, strengthen policies on openness of markets, design financing policies and eliminate practices harmful to the environment.

2. Stresses the importance of strong domestic institutions to promote business activities and financial stability for the achievement of growth and development, inter alia, through sound macroeconomic policies and policies aimed at strengthening the regulatory systems of the corporate, financial and banking sectors

The African Union had made the Goals the benchmark for measuring development in Africa in its Strategic Framework Plan for Development, which underscored the need for sound macroeconomic policies and a regional approach.

Mr. Rowden recommended to examine the operative definition of sound macroeconomic policies used by IMF, particularly as defined in its PRSP Sourcebook, which stated that inflation must be in the low single digits.