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After the Washington Consensus

After the Washington Consensus
Author: Pedro-Pablo Kuczynski
Publisher: Columbia University Press
Total Pages: 400
Release: 2003-03-26
Genre: Business & Economics
ISBN: 0881324515

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This volume is a successor of sorts to the Institute's 1986 volume Toward Renewed Economic Growth in Latin America, which blazed the trail for the market-oriented economic reforms that were adopted in Latin America in the subsequent years. It again presents the work of a group of leading Latin American economists who were asked to think about the nature of the economic policy agenda that the region should be pursuing after a decade that was punctuated by crises, achieved disappointingly slow growth, and saw no improvement in the region's highly skewed income distribution. The study diagnoses the first-generation (liberalizing and stabilizing) reforms that are still lacking, the complementary second-generation (institutional) reforms that are necessary to provide the institutional infrastructure of a market economy with an egalitarian bias, and the new initiatives that are needed to crisis-proof the economies of the region to end its perpetual series of crises. Contributors: Daniel Artana, Nancy Birdsall, Roberto Bouzas, Saúl Keifman, Pedro-Pablo Kuczynski, Ricardo López Murphy, Claudio de Moura Castro, Fernando Navajas, Patricio Navia, Liliana Rojas-Suarez, Jaime Saavedra, Miguel Székely, Andrés Velasco, John Williamson, and Laurence Wolff.


Development Policy in the Twenty-First Century

Development Policy in the Twenty-First Century
Author: Ben Fine
Publisher: Taylor & Francis
Total Pages: 229
Release: 2023-05-09
Genre: Business & Economics
ISBN: 1000950204

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This excellent book, newly available in paperback, addresses the growing dissatisfaction with the neo-liberal post-Washington consensus. The concern of the contributors in writing this collection was that this consensus has established itself as a new orthodoxy, more powerful and widespread than its predecessor. This broad-ranging critique explains that without a much broader political economy the consensus is unlikely to provide a coherent framework for successful development policies. Development Policy in the 21st Century is unique in its depth and assesses the postures of the new consensus topic by topic, whilst posing strong alternatives. It will improve and stimulate the reader's understanding of this important area, and is required reading for any student, academic or interested reader that wishes to understand one of the most important issues in international economics.


The New Development Economics

The New Development Economics
Author: Jomo K.S.
Publisher: Zed Books
Total Pages: 332
Release: 2006
Genre: Business & Economics
ISBN: 9781842776438

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This volume provides a critique of the post-Washington Concensus in neoliberal economics.


The Washington Consensus Reconsidered

The Washington Consensus Reconsidered
Author: Narcís Serra
Publisher: OUP Oxford
Total Pages: 400
Release: 2008-04-24
Genre: Political Science
ISBN: 9780191538605

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This volume brings together many of the leading international figures in development studies, such as Jose Antonio Ocampo, Paul Krugman, Dani Rodrik, Joseph Stiglitz, Daniel Cohen, Olivier Blanchard, Deepak Nayyar and John Williamson to reconsider and propose alternative development policies to the Washington Consensus. Covering a wide range of issues from macro-stabilization to trade and the future of global governance, this important volume makes a real contribution to this important and ongoing debate. The volume begins by introducing the Washington Consensus, discussing how it was originally formulated, what it left out, and how it was later interpreted, and sets the stage for a formulation of a new development framework in the post-Washington Consensus era. It then goes on to analyze and offer differing perspectives and potential solutions to a number of key development issues, some which were addressed by the Washington Consensus and others which were not. The volume concludes by looking toward formulating new policy frameworks and offers possible reforms to the current system of global governance.


International Development and the Washington Consensus

International Development and the Washington Consensus
Author: John Marangos
Publisher:
Total Pages: 234
Release: 2020
Genre: Economic development
ISBN: 9780367200053

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In this book, John Marangos offers an insightful analytical and theoretical review of the Washington Consensus and its successors among the mainstream. Following an intuitive structure, it explores international development and the Washington Consensus, as a critique through the lenses of Neoclassical economics, Post Keynesian economics, Institutional economics, and Marxist economics. Ultimately, it provides a compelling alternative perspective to the dominant development paradigm, and enables readers to identify the interconnections, interrelationships, and intercontradictions between different frameworks and policies. It will be a valuable supplementary reading for students, researchers, and policymakers in international development, development economics, heterodox economics, and the history of economic thought.


Beyond the Washington Consensus

Beyond the Washington Consensus
Author: Shahid Javed Burki
Publisher: World Bank Publications
Total Pages: 172
Release: 1998-01-01
Genre: Business & Economics
ISBN: 9780821342824

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This report examines the precise nature of the required institutional reforms needed to achieve higher sustained rates of growth and to make a dent in poverty reduction and provides a framework for their design and implementation. The more modest objective is to examine how the concepts of the new institutional economics are useful for analyzing and designing institutions and to evaluate how political economy concepts can be used to develop strategies for implementing institutional reforms. Employing some of these concepts, the report demonstrates that sound institutional reform can be technically and politically viable in the following key sectors: banking; capital markets and legal institutions; educational institutions; judicial reforms; and public administration.


Global Covenant

Global Covenant
Author: David Held
Publisher: John Wiley & Sons
Total Pages: 184
Release: 2013-05-02
Genre: Political Science
ISBN: 0745637116

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In this pathbreaking book, one of the world’s leading analysts of globalization and global governance confronts the failures of international politics in the aftermath of 9/11 and the war against Iraq. He argues that there were and are alternatives to the way the western coalitions responded to the profound challenges of mass terrorism and political violence - alternatives which can better address the roots of these challenges and deliver political and social justice. In order to grasp this alternative, the changing structure of the global order has to be understood. To this end, the book is divided into three sections: economics, politics and law. In each section contemporary trends are analyzed, problems confronted, and a series of detailed policies set out. The aim of the book is to focus on feasible and effective policy choices which could lead to a progressive transformation of global affairs. Against the ideologues who are wholly in favour or hostile to globalization, this book shows how globalization can be better regulated to deliver human development, equitable economic change, democracy and justice. This is an original book that will appeal to all those - students, policy makers, and the general reader - who confront questions about globalization and global governance. It is an optimistic text that holds that progressive political change is still within our grasp. To read the transcript of an interview with the author on the Global Covenant in democratiya, please click here .


Economic Growth in the 1990s

Economic Growth in the 1990s
Author: World Bank
Publisher: World Bank Publications
Total Pages: 384
Release: 2005
Genre: Business & Economics
ISBN: 9780821360439

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This report was prepared by a team led by Roberto Zagha, under the general direction of Gobind Nankani.


Finance & Development, September 2003

Finance & Development, September 2003
Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
Total Pages: 60
Release: 2003-08-22
Genre: Business & Economics
ISBN: 1451952414

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This paper highlights that the Washington Consensus helped fill the need for an economic policy framework following the discrediting of central planning and import-substitution trade strategies. Latin American governments championed the Consensus in the early 1990s, and the policy agenda delivered some of the things it was supposed to—healthier budgets, lower inflation, lower external debt ratios, and economic growth. But unemployment rose in many countries and poverty remained widespread, while the emphasis on market openness made states vulnerable to the side effects of globalization.


The Oxford Handbook of Latin American Economics

The Oxford Handbook of Latin American Economics
Author: José Antonio Ocampo
Publisher: Oxford University Press
Total Pages: 959
Release: 2011-07-28
Genre: Business & Economics
ISBN: 019957104X

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A comprehensive overview of the key factors affecting the development of Latin American economies that examines long-term growth performance, macroeconomic issues, Latin American economies in the global context, technological and agricultural policies, and the evolution of labour markets, the education sector, and social security programmes.