occurred in the United States and internationally (Birdsall Fukuyama, 2011). The Primacy of Institutions. By including a sense of ownership and encouraging participation, the post Washington agenda ensures that the new approach to development does not face the same problem. Contents, history edit, original sense: Williamson's Ten Points edit, the concept and name of the Washington Consensus were first presented in 1989. Citation needed Missing elements edit A significant body of economists and policy-makers argues that what was wrong with the Washington Consensus as originally formulated by Williamson had less to do with what was included than with what was missing. Reduced role for the state. For example, flexible labor laws were supposed to create new jobs, but economic evidence from Latin America is inconclusive on this point. Velasco, Andres, and Alejandro Neut.
The Post -Washington Consensus has focused on not only the response that states and non-state actors (such as human rights and development organizations) have had towards the Washington Consensus, but also.
Narcis Serra and Joseph.
The Initiative for Policy DialogueTHE post washington consensus consensus.
In: Phillip Arestis and Malcom Swayer The Polictical Economy of Economic Policies. The danger is that an elastic definition of the term institutions will render the current mantra intellectually vacuous. It tries to improve financial sector regulation, rather than assuming that liberalization is the only game in town. That is, the questions asked about foreign affairs are Washington's questions, framed in terms of domestic politics and established policy positions. Origins of policy agenda and, broad sense below) that his hegelian dialectics thesis antithesis synthesis ten original, narrowly defined prescriptions have largely acquired the status of "motherhood and apple pie" (i.e., are broadly taken for granted whereas the subsequent broader definition, representing a form of neoliberal manifesto, "never enjoyed. A b c Williamson. "Development and the "Washington Consensus in World Development Vol 21:13291336 by John Williamson (1993).
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