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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.


The Liberal Consensus Reconsidered

The Liberal Consensus Reconsidered
Author: Robert Mason
Publisher:
Total Pages: 0
Release: 2019-11-12
Genre: Liberalism
ISBN: 9780813064444

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Here, leading scholars-including Hodgson himself-confront the longstanding theory that a liberal consensus shaped the United States after World War II. The essays draw on fresh research to examine how the consensus related to key policy areas, how it was viewed by different factions and groups, what its limitations were, and why it fell apart in the late 1960s.


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.


Reconsidering Stagnation in the Brezhnev Era

Reconsidering Stagnation in the Brezhnev Era
Author: Dina Fainberg
Publisher: Lexington Books
Total Pages: 222
Release: 2016-04-27
Genre: History
ISBN: 1498529941

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This volume contributes to a growing reevaluation of the Brezhnev era, helping to shape a new historiography that gives us a much richer and more nuanced picture of the time period than the stagnation paradigm usually assigned to the era. The essays provide a multifaceted prism that reveals a dynamic society with a political and intellectual class that remained committed to the ideological foundations of the state, recognized the challenges that the system faced, and embarked on a creative search for solutions. The chapters focus on developments in politics, society, and culture, as well as the state’s attempts to lead and initiate change, which are mostly glossed over in the stagnation narrative. The volume challenges the assumption that the period as a whole was characterized by rampant cynicism and a decline of faith in the socialist creed and instead points to the persistence of popular engagement with the socialist ideology and the power it continued to wield within the Soviet Union.


Taxation and State-Building in Developing Countries

Taxation and State-Building in Developing Countries
Author: Deborah Brautigam
Publisher: Cambridge University Press
Total Pages: 261
Release: 2008-01-10
Genre: Political Science
ISBN: 1139469258

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There is a widespread concern that, in some parts of the world, governments are unable to exercise effective authority. When governments fail, more sinister forces thrive: warlords, arms smugglers, narcotics enterprises, kidnap gangs, terrorist networks, armed militias. Why do governments fail? This book explores an old idea that has returned to prominence: that authority, effectiveness, accountability and responsiveness is closely related to the ways in which governments are financed. It matters that governments tax their citizens rather than live from oil revenues and foreign aid, and it matters how they tax them. Taxation stimulates demands for representation, and an effective revenue authority is the central pillar of state capacity. Using case studies from Africa, Asia, Eastern Europe and Latin America, this book presents and evaluates these arguments, updates theories derived from European history in the light of conditions in contemporary poorer countries, and draws conclusions for policy-makers.


The Beijing Consensus

The Beijing Consensus
Author: Stefan Halper
Publisher: Basic Books
Total Pages: 336
Release: 2012-02-07
Genre: Political Science
ISBN: 0465028268

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Beijing presents a clear and gathering threat to Washington—but not for the reasons you think. China's challenge to the West stems from its transformative brand of capitalism and an entirely different conception of the international community. Taking us on a whirlwind tour of China in the world—from dictators in Africa to oligarchs in Southeast Asia to South American strongmen—Halper demonstrates that China's illiberal vision is rapidly replacing that of the so-called Washington Consensus. Instead of promoting democracy through economic aid, as does the West, China offers no-strings-attached gifts and loans, a policy designed to build a new Beijing Consensus. The autonomy China offers, together with the appeal of its illiberal capitalism, have become the dual engines for the diffusion of power away from the West. The Beijing Consensus is the one book to read to understand this new Great Game in all its complexity.


Growth Strategies

Growth Strategies
Author: Dani Rodrik
Publisher:
Total Pages: 72
Release: 2003
Genre: Commercial policy
ISBN:

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"This is an attempt to derive broad, strategic lessons from the diverse experience with economic growth in last fifty years. The paper revolves around two key arguments. One is that neoclassical economic analysis is a lot more flexible than its practitioners in the policy domain have generally given it credit. In particular, first-order economic principles protection of property rights, market-based competition, appropriate incentives, sound money, and so on do not map into unique policy packages. Reformers have substantial room for creatively packaging these principles into institutional designs that are sensitive to local opportunities and constraints. Successful countries are those that have used this room wisely. The second argument is that igniting economic growth and sustaining it are somewhat different enterprises. The former generally requires a limited range of (often unconventional) reforms that need not overly tax the institutional capacity of the economy. The latter challenge is in many ways harder, as it requires constructing over the longer term a sound institutional underpinning to endow the economy with resilience to shocks and maintain productive dynamism. Ignoring the distinction between these two tasks leaves reformers saddled with impossibly ambitious, undifferentiated, and impractical policy agendas"--NBER website


Economics Rules

Economics Rules
Author: Dani Rodrik
Publisher: Oxford University Press, USA
Total Pages: 268
Release: 2015
Genre: Economic policy
ISBN: 0198736894

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A leading economist trains a lens on his own discipline to uncover when it fails and when it works.


Climate Change Reconsidered

Climate Change Reconsidered
Author: Craig Douglas Idso
Publisher:
Total Pages: 856
Release: 2009
Genre: Carbon dioxide
ISBN: 9781934791288

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Climate Change Reconsidered: The 2009 Report of the Nongovernmental International Panel on Climate Change (NIPCC) is the most comprehensive objective compilation of science on climate change ever published. It offers a "second opinion" to the Fourth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC), published in 2007. Unlike that report, Climate Change Reconsidered finds global warming is not a crisis, and never was. Principal findings of the book include the following: Climate models suffer from numerous deficiencies and shortcomings that could alter even the very sign (plus or minus, warming or cooling) of earth's projected temperature response to rising atmospheric carbon dioxide (CO2) concentrations; the model-derived temperature sensitivity of the earth--especially for a doubling of the preindustrial CO2 level--is much too large, and feedbacks in the climate system reduce it to values that are an order of magnitude smaller than what the IPCC employs; real-world observations do not support the IPCC's claim that current trends in climate and weather are "unprecedented" and, therefore, the result of anthropogenic greenhouse gases; the IPCC overlooks or downplays the many benefits to agriculture and forestry that will be accrued from the ongoing rise in the air's CO2 content; there is no evidence that CO2-induced increases in air temperature will cause unprecedented plant and animal extinctions, either on land or in the world's oceans; there is no evidence that CO2-induced global warming is or will be responsible for increases in the incidence of human diseases or the number of lives lost to extreme thermal conditions.--Publisher description.


Government and the American Economy

Government and the American Economy
Author: Price V. Fishback
Publisher: University of Chicago Press
Total Pages: 634
Release: 2008-09-15
Genre: Business & Economics
ISBN: 0226251292

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The American economy has provided a level of well-being that has consistently ranked at or near the top of the international ladder. A key source of this success has been widespread participation in political and economic processes. In The Government and the American Economy, leading economic historians chronicle the significance of America’s open-access society and the roles played by government in its unrivaled success story. America’s democratic experiment, the authors show, allowed individuals and interest groups to shape the structure and policies of government, which, in turn, have fostered economic success and innovation by emphasizing private property rights, the rule of law, and protections of individual freedom. In response to new demands for infrastructure, America’s federal structure hastened development by promoting the primacy of states, cities, and national governments. More recently, the economic reach of American government expanded dramatically as the populace accepted stronger limits on its economic freedoms in exchange for the increased security provided by regulation, an expanded welfare state, and a stronger national defense.