Price stability is one goal of macroeconomic management, but only one goal: there are others.
FORBES: The Republican Platform and the Mainstreaming of the Gold Standard
Current conventional wisdom argues that monetary policy is more useful and more flexible for short-term macroeconomic management.
This effort to nurture private business has been backed, by and large, with more prudent macroeconomic management.
In particular, macroeconomic management, which Mr Mbeki has overseen, is likely to remain sound, as it is now.
Overall, macroeconomic management in the region improved dramatically compared with, say, the 1970s.
Oil-rich Nigeria has been hobbled by political instability, corruption, inadequate infrastructure, and poor macroeconomic management, but in 2008 began pursuing economic reforms.
These hold out the best hope, together with responsible macroeconomic management, of boosting Britain's growth rate and helping rich and poor alike.
Once the government had decided that establishing its credentials for prudent macroeconomic management was the overriding priority, its first term was remarkably uncontentious.
The first point to note is that, for all the political distractions, for nearly two decades macroeconomic management in France has been impressive.
Macroeconomic management has been less opaque than in the past.
At the country level, the meeting noted that the development of African LDCs had continued to be constrained by shortcomings in physical infrastructure and human resources development, low levels of domestic resource mobilization, shortcomings in macroeconomic policy design and management, and severe socio-economic consequences of local or regional conflicts.
The score on macroeconomic policy is roughly level-pegging: Labour has succeeded in neutralising macro management as an election issue.
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