It is suggested that these countries could boost expenditures to some extent in areas where social returns are high like education, health, infrastructure and social security. It is felt that structural policies to strengthen legal and economic infrastructure in these countries may help promoting investment.
We have designed our conference to look “Beyond the Crisis”; today and tomorrow, we will thus discuss the challenges of making “Economic Policy in a New Macroeconomic Environment.” While the general public has, quite understandably, been focusing on the immediate impact of crisis, we wish to refocus the debate by discussing above all the medium- and long-term perspectives that arise for economic policymaking.