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| Author | : Jomo K.S. |
| Publisher | : Zed Books |
| Total Pages | : 332 |
| Release | : 2006 |
| Genre | : Business & Economics |
| ISBN | : 9781842776438 |
This volume provides a critique of the post-Washington Concensus in neoliberal economics.
| Author | : Pedro-Pablo Kuczynski |
| Publisher | : Columbia University Press |
| Total Pages | : 386 |
| Release | : 2003-03-26 |
| Genre | : Business & Economics |
| ISBN | : 0881324515 |
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.
| Author | : Jomo Ks & Ben Fine |
| Publisher | : |
| Total Pages | : 304 |
| Release | : 2006-01-01 |
| Genre | : Development economics |
| ISBN | : 9788189487171 |
Development economics emerged in the 1950s and, during its first quarter century, evolved in the context of both the Cold War and decolonization. The ascendance of free market conservatism in the west in the early 1980s was followed by the consolidation of the counter-revolution against the old development economics, together with a corresponding promotion of neoliberal economic policies that came to be known as the Washington Consensus. Over the last decade or more, reaction against the Washington Consensus has gathered momentum, pioneered within mainstream economics by those who emphasize institutions and market imperfections, as opposed to the virtues of the market. The chapters in this book provide expert and critical, but readable and up-to-date, expositions of this new development economics. A longer view of development economic thought is provided in the topics covered. Emphasis is placed on the extent to which insights of earlier thought on development have been abandoned. The volume provides a critical introductory survey of the new development economics, invaluable to all interested in economics and development studies for academic, campaigning and policy purposes.Jomo K.S. was Professor in the Applied Economics Department, University of Malaysia, Kuala Lumpur, and Senior Visiting Research Fellow, Asia Research Institute, National University of Singapore, before joining the United Nations.Ben Fine is Professor of Economics at the School of Oriental and African Studies, University of London.
| Author | : Ben Fine |
| Publisher | : Taylor & Francis |
| Total Pages | : 229 |
| Release | : 2023-05-09 |
| Genre | : Business & Economics |
| ISBN | : 1000950204 |
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.
| Author | : A. Kohsaka |
| Publisher | : Springer |
| Total Pages | : 317 |
| Release | : 2004-05-24 |
| Genre | : Business & Economics |
| ISBN | : 0230523609 |
This edited volume examines the flaws in the Washington Consensus. The missing link identified is the relationship between market and government. The East Asian Miracle showed that the market and government are complementary, particularly with regard to economic development. However, the nature of this relationship has not been fully clarified. This book assesses development strategies and policy issues in the context of individual and/or regional economy's history and political-economic reality. The relationship may be conditional to these two factors. With these perceptions in mind, the book focuses on the role and significance of government in economic development in pursuit for new development strategies.
| Author | : Narcís Serra |
| Publisher | : OUP Oxford |
| Total Pages | : 400 |
| Release | : 2008-04-24 |
| Genre | : Political Science |
| ISBN | : 0191608939 |
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.
| Author | : John Marangos |
| Publisher | : |
| Total Pages | : 234 |
| Release | : 2020 |
| Genre | : Economic development |
| ISBN | : 9780367200053 |
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.
| Author | : Imad A Moosa |
| Publisher | : World Scientific |
| Total Pages | : 371 |
| Release | : 2021-07-02 |
| Genre | : Business & Economics |
| ISBN | : 9811236798 |
The objective of the book is to evaluate critically the ten principles of the Washington Consensus, which govern the conditionality provisions of the IMF and World Bank, and guide the so-called economic reform in developing countries. The book starts with an overview of the Consensus, followed by a chapter on IMF conditionality and how they are related. Since the Consensus is inherently neoliberal, a chapter is devoted to a critique of the free market doctrine and the concept of economic freedom as seen by free marketeers. The ten principles of the Washington Consensus (referred to as the 'ten commandments') are divided into four groups: fiscal reform, interest and exchange rate policies, liberalization of trade and foreign direct investment, and privatization and deregulation (including property rights).The book is written in the normative tradition of what ought to be, as opposed to the positive tradition of what is. While it may be tempting to describe the work as 'polemic', the underlying issues contain such a significant moral component that pretending to be neutral would be a betrayal of justice and morality. In essence, the arguments put forward in the book are intended to dismantle, discredit and debunk a set of principles that are effectively used to loot developing countries.
| Author | : World Bank |
| Publisher | : World Bank Publications |
| Total Pages | : 384 |
| Release | : 2005 |
| Genre | : Business & Economics |
| ISBN | : 9780821360439 |
This report was prepared by a team led by Roberto Zagha, under the general direction of Gobind Nankani.
| Author | : John Marangos |
| Publisher | : Routledge |
| Total Pages | : 225 |
| Release | : 2020-07-16 |
| Genre | : Business & Economics |
| ISBN | : 042953485X |
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.
