After The Washington Consensus

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After the Washington Consensus

Author : Pedro-Pablo Kuczynski
Publisher : Columbia University Press
ISBN 13 : 0881324515
Total Pages : 386 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis After the Washington Consensus by : Pedro-Pablo Kuczynski

Download or read book After the Washington Consensus written by Pedro-Pablo Kuczynski and published by Columbia University Press. This book was released on 2003-03-26 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The New Development Economics

Author : Jomo K.S.
Publisher : Zed Books
ISBN 13 : 9781842776438
Total Pages : 332 pages
Book Rating : 4.7/5 (764 download)

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Book Synopsis The New Development Economics by : Jomo K.S.

Download or read book The New Development Economics written by Jomo K.S. and published by Zed Books. This book was released on 2006 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides a critique of the post-Washington Concensus in neoliberal economics.

The Washington Consensus Reconsidered

Author : Narcís Serra
Publisher : Oxford University Press, USA
ISBN 13 : 019953408X
Total Pages : 399 pages
Book Rating : 4.1/5 (995 download)

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Book Synopsis The Washington Consensus Reconsidered by : Narcís Serra

Download or read book The Washington Consensus Reconsidered written by Narcís Serra and published by Oxford University Press, USA. This book was released on 2008-04-24 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction: From the Washington Consensus towards a new global governance / Narcís Serra, Shari Spiegel, Joseph E. Stiglitz -- A short history of the Washington Consensus / John Williamson -- Inequality and redistribution / Paul Krugman -- Is there a post-Washington Consensus consensus? / Joseph E. Stiglitz -- The Barcelona development agenda -- A broad view of macroeconomic stability / José Antonio Ocampo -- The wild ones : industrial policies in the developing world / Alice H. Amsden -- Sudden stop, financial factors, and economic collapse in Latin America : learning from Argentina and Chile / Guillermo A. Calvo, Ernesto Talvi -- Towards a new modus operandi of the international financial system / Daniel Cohen -- The world trading system and implications of external opening / Jeffrey A. Frankel -- The world trading system and development concerns / Martin Khor -- Reforming labor market institutions : unemployment insurance and employment protection / Olivier Blanchard -- International migration and economic development / Deepak Nayyar -- The future of global governance / Joseph E. Stiglitz -- Growth diagnostics / Ricardo Hausmann, Dani Rodrik, Andrés Velasco -- A practical approach to formulating growth strategies / Dani Rodrik.

Development Policy in the Twenty-First Century

Author : Ben Fine
Publisher : Taylor & Francis
ISBN 13 : 1000950204
Total Pages : 229 pages
Book Rating : 4.0/5 (9 download)

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Book Synopsis Development Policy in the Twenty-First Century by : Ben Fine

Download or read book Development Policy in the Twenty-First Century written by Ben Fine and published by Taylor & Francis. This book was released on 2023-05-09 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

International Development and the Washington Consensus

Author : John Marangos
Publisher :
ISBN 13 : 9780367200053
Total Pages : 234 pages
Book Rating : 4.2/5 ( download)

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Book Synopsis International Development and the Washington Consensus by : John Marangos

Download or read book International Development and the Washington Consensus written by John Marangos and published by . This book was released on 2020 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Economic Growth in the 1990s

Author : World Bank
Publisher : World Bank Publications
ISBN 13 : 9780821360439
Total Pages : 384 pages
Book Rating : 4.3/5 (64 download)

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Book Synopsis Economic Growth in the 1990s by : World Bank

Download or read book Economic Growth in the 1990s written by World Bank and published by World Bank Publications. This book was released on 2005 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report was prepared by a team led by Roberto Zagha, under the general direction of Gobind Nankani.

Eating Grass

Author : Feroz Khan
Publisher : Stanford University Press
ISBN 13 : 0804784809
Total Pages : 550 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis Eating Grass by : Feroz Khan

Download or read book Eating Grass written by Feroz Khan and published by Stanford University Press. This book was released on 2012-11-07 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt: The history of Pakistan's nuclear program is the history of Pakistan. Fascinated with the new nuclear science, the young nation's leaders launched a nuclear energy program in 1956 and consciously interwove nuclear developments into the broader narrative of Pakistani nationalism. Then, impelled first by the 1965 and 1971 India-Pakistan Wars, and more urgently by India's first nuclear weapon test in 1974, Pakistani senior officials tapped into the country's pool of young nuclear scientists and engineers and molded them into a motivated cadre committed to building the 'ultimate weapon.' The tenacity of this group and the central place of its mission in Pakistan's national identity allowed the program to outlast the perennial political crises of the next 20 years, culminating in the test of a nuclear device in 1998. Written by a 30-year professional in the Pakistani Army who played a senior role formulating and advocating Pakistan's security policy on nuclear and conventional arms control, this book tells the compelling story of how and why Pakistan's government, scientists, and military, persevered in the face of a wide array of obstacles to acquire nuclear weapons. It lays out the conditions that sparked the shift from a peaceful quest to acquire nuclear energy into a full-fledged weapons program, details how the nuclear program was organized, reveals the role played by outside powers in nuclear decisions, and explains how Pakistani scientists overcome the many technical hurdles they encountered. Thanks to General Khan's unique insider perspective, it unveils and unravels the fascinating and turbulent interplay of personalities and organizations that took place and reveals how international opposition to the program only made it an even more significant issue of national resolve. Listen to a podcast of a related presentation by Feroz Khan at the Stanford Center for International Security and Cooperation at cisac.stanford.edu/events/recording/7458/2/765.

The Political Economy of Policy Reform

Author : John Williamson
Publisher : Peterson Institute
ISBN 13 : 9780881321951
Total Pages : 630 pages
Book Rating : 4.3/5 (219 download)

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Book Synopsis The Political Economy of Policy Reform by : John Williamson

Download or read book The Political Economy of Policy Reform written by John Williamson and published by Peterson Institute. This book was released on 1994 with total page 630 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policymakers around the world have increasingly agreed that macroeconomic discipline, microeconomic liberalization, and outward orientation are prerequisites for economic success. But what are the political conditions that make economic transformation possible? At a conference held at the Institute for International Economics, leaders of economic reform recounted their efforts to bring about change and discussed the impact of the political climate on the success of their efforts. In this book, these leaders explore the political conditions conducive to the success of policy reforms. Did economic crisis strengthen the hands of the reformers? Was the rapidity with which reforms were instituted crucial? Did the reformers have a "honeymoon" period in which to transform the economy? The authors answer these and other questions, as well as providing first-hand accounts of the politically charged atmosphere surrounding reform efforts in their countries.

After the Washington Consensus: Restarting Growth and Reform in Latin America

Author :
Publisher : Peterson Institute
ISBN 13 : 9780881325928
Total Pages : 398 pages
Book Rating : 4.3/5 (259 download)

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Book Synopsis After the Washington Consensus: Restarting Growth and Reform in Latin America by :

Download or read book After the Washington Consensus: Restarting Growth and Reform in Latin America written by and published by Peterson Institute. This book was released on with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the nature of the economic policy agenda that the region should be pursuing after the better part of a decade that was punctuated by crises, achieved disappointingly slow growth, and saw no improvement in the region's highly skewed income distribution. 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.

From Triumph to Crisis

Author : Hilary Appel
Publisher : Cambridge University Press
ISBN 13 : 1108422292
Total Pages : 257 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis From Triumph to Crisis by : Hilary Appel

Download or read book From Triumph to Crisis written by Hilary Appel and published by Cambridge University Press. This book was released on 2018-05-10 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explains the surprising endurance of neoliberal policymaking over two decades in post-Communist countries, from 1989-2008, and its decline after the financial crash.

Contemporary Latin America

Author : Francisco Panizza
Publisher : Zed Books Ltd.
ISBN 13 : 1848136331
Total Pages : 491 pages
Book Rating : 4.8/5 (481 download)

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Book Synopsis Contemporary Latin America by : Francisco Panizza

Download or read book Contemporary Latin America written by Francisco Panizza and published by Zed Books Ltd.. This book was released on 2013-04-04 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin America has changed dramatically over the past few years. While the 1990s were dominated by the politically orthodoxy of the Washington Consensus and the political uniformity of centre right governments the first decade of the new century is being characterised by the emergence of a plurality of economic and political alternatives. In an overview of the history of the region over the past twenty-five years this book traces the intellectual and political origins of the Washington Consensus, assesses its impact on democracy and economic development and discusses whether the emergence of a variety of left-wing governments in the region represents a clear break with the politics and policies of the Washington Consensus. Clearly written and rigorously argued the book will be of interest to academics, students of Latin American politics and anybody interested in understanding contemporary Latin America.

The Monfort Plan

Author : Jaime Pozuelo-Monfort
Publisher : John Wiley and Sons
ISBN 13 : 0470293632
Total Pages : 757 pages
Book Rating : 4.4/5 (72 download)

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Book Synopsis The Monfort Plan by : Jaime Pozuelo-Monfort

Download or read book The Monfort Plan written by Jaime Pozuelo-Monfort and published by John Wiley and Sons. This book was released on 2010-04-05 with total page 757 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Monfort Plan is a five-year, forward looking plan to eradicate extreme poverty from the developing world, and details how microfinance has made a difference to developing countries. This book proposes a new institution based in the developing world with the potential to provide a basic, free, and universal service in the areas of water, sanitation, healthcare, and education to the extreme poor worldwide. The provision will be subject to a certain degree of conditionality in areas ranging from corruption to legal environment. The new institution will be established in a new international territory based within a specific country in Subsaharan Africa and will emerge in 2015. In The Monfort Plan author Jaime Pozuelo-Monfort engineers and designs a solution to lessen the burden of poverty. In order to do so he relies on the social sciences to bring about innovation and forward looking economic policies and financial instruments in the context of a paradigm shift. This book presents a multidisciplinary approach to policymaking that combines a range of fields in the social sciences, looking at the history behind the Marshall Plan, the formation of the European Union, and the Bretton Woods Institutions, in order to determine how a Marshall Plan for Africa-and the creation of New Institutions in the developing world-could work. We live a moment of crisis in which creative policymaking might prove useful when proposing outcomes for a revitalized framework for capitalism to thrive and better serve the world. Walks you through the technicalities of the new architecture of capitalism in a straightforward manner Provides a holistic view of how microfinance combined with the right economic policies and financial instruments could help change the world for the poor Contains sweeping and detailed recommendations on how to build a new capitalist paradigm that helps elevate the poor and improve the human condition Incorporating commentary from some of the top minds in the field of microfinance, this book puts the method of microfinance in perspective.

Washington Rules

Author : Andrew J. Bacevich
Publisher : Metropolitan Books
ISBN 13 : 1429943262
Total Pages : 304 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis Washington Rules by : Andrew J. Bacevich

Download or read book Washington Rules written by Andrew J. Bacevich and published by Metropolitan Books. This book was released on 2010-08-03 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The bestselling author of The Limits of Power critically examines the Washington consensus on national security and why it must change For the last half century, as administrations have come and gone, the fundamental assumptions about America's military policy have remained unchanged: American security requires the United States (and us alone) to maintain a permanent armed presence around the globe, to prepare our forces for military operations in far-flung regions, and to be ready to intervene anywhere at any time. In the Obama era, just as in the Bush years, these beliefs remain unquestioned gospel. In Washington Rules, a vivid, incisive analysis, Andrew J. Bacevich succinctly presents the origins of this consensus, forged at a moment when American power was at its height. He exposes the preconceptions, biases, and habits that underlie our pervasive faith in military might, especially the notion that overwhelming superiority will oblige others to accommodate America's needs and desires—whether for cheap oil, cheap credit, or cheap consumer goods. And he challenges the usefulness of our militarism as it has become both unaffordable and increasingly dangerous. Though our politicians deny it, American global might is faltering. This is the moment, Bacevich argues, to reconsider the principles which shape American policy in the world—to acknowledge that fixing Afghanistan should not take precedence over fixing Detroit. Replacing this Washington consensus is crucial to America's future, and may yet offer the key to the country's salvation.

Finance & Development, September 2003

Author : International Monetary Fund. External Relations Dept.
Publisher : International Monetary Fund
ISBN 13 : 1451952414
Total Pages : 60 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Finance & Development, September 2003 by : International Monetary Fund. External Relations Dept.

Download or read book Finance & Development, September 2003 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 2003-08-22 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : José Antonio Ocampo
Publisher : Oxford Handbooks
ISBN 13 : 9780198716136
Total Pages : 0 pages
Book Rating : 4.7/5 (161 download)

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Book Synopsis The Oxford Handbook of Latin American Economics by : José Antonio Ocampo

Download or read book The Oxford Handbook of Latin American Economics written by José Antonio Ocampo and published by Oxford Handbooks. This book was released on 2014-08-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin America has been central to the main debates on development economics, ranging from the relationships between income inequality and economic growth, and the importance of geography versus institutions in development, to debates on the effects of trade, trade openness and protection on growth and income distribution. Despite increasing interest in the region there are few English language books on Latin American economics. This Handbook, organized into five parts, aims to fill this significant gap. Part I looks at long-term issues, including the institutional roots of Latin America's underdevelopment, the political economy of policy making, the rise, decline and re-emergence of alternative paradigms, and the environmental sustainability of the development pattern. Part II considers macroeconomic topics, including the management of capital account booms and busts, the evolution and performance of exchange rate regimes, the advances and challenges of monetary policies and financial development, and the major fiscal policy issues confronting the region, including a comparison of Latin American fiscal accounts with those of the OECD. Part III analyzes the region's economies in global context, particularly the role of Latin America in the world trade system and the effects of dependence on natural resources (characteristic of many countries of the region) on growth and human development. It reviews the trends of foreign direct investment, the opportunities and challenges raised by the emergence of China as buyer of the region's commodities and competitor in the world market, and the transformation of the Latin America from a region of immigration to one of massive emigration. Part IV deals with matters of productive development. At the aggregate level it analyzes issues of technological catching up and divergence as well as different perspectives on the poor productivity and growth performance of the region during recent decades. At the sectoral level, it looks at agricultural policies and performance, the problems and prospects of the energy sector, and the effects on growth of lagging infrastructure development. Part V looks at the social dimensions of development; it analyzes the evolution of income inequality, poverty, and economic insecurity in the region, the evolution of labor markets and the performance of the educational sector, as well as the evolution of social assistance programs and social security reforms in the region. The contributors are leading researchers that belong to different schools of economic thought and most come from countries throughout Latin America, representing a range of views and recognising the diversity of the region. This Handbook is a significant contribution to the field, and will be of interest to academics, graduate students and policy makers interested in economics, political economy, and public policy in Latin America and other developing economies.

Industrial Policy in an Era of Globalization

Author : Marcus Noland
Publisher : Peterson Institute
ISBN 13 : 9780881323504
Total Pages : 146 pages
Book Rating : 4.3/5 (235 download)

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Book Synopsis Industrial Policy in an Era of Globalization by : Marcus Noland

Download or read book Industrial Policy in an Era of Globalization written by Marcus Noland and published by Peterson Institute. This book was released on 2003 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization reigns supreme as a description of recent economic transformation--and it carries many meanings. In the policy realm, the orthodox terms of engagement have been enshrined in the "Washington consensus." But disappointing results in Latin America and transitional economies--plus the Asian financial crisis--have shaken the faith in Washington and elsewhere. One response has been to hark back to the more statist policies that the consensus marginalized. In this regard, Japan, Korea, and Taiwan are promoted as the poster nations that have derived great benefits from increasing integration with the international economy, without surrendering national autonomy in the economic or cultural spheres, effectively beating the West at its own game. The fundamental questions addressed in this monograph are whether industrial policy was indeed a major source of growth in these three economies, and if so, can it be replicated under current institutional arrangements, and if so, is it worth replicating, or, would developing countries today be better off embracing the suitably refined orthodoxy?

Rethinking Power Sector Reform in the Developing World

Author : Vivien Foster
Publisher : World Bank Publications
ISBN 13 : 1464814430
Total Pages : 454 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Rethinking Power Sector Reform in the Developing World by : Vivien Foster

Download or read book Rethinking Power Sector Reform in the Developing World written by Vivien Foster and published by World Bank Publications. This book was released on 2019-12-05 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 1990s, a new paradigm for power sector reform was put forward emphasizing the restructuring of utilities, the creation of regulators, the participation of the private sector, and the establishment of competitive power markets. Twenty-five years later, only a handful of developing countries have fully implemented these Washington Consensus policies. Across the developing world, reforms were adopted rather selectively, resulting in a hybrid model, in which elements of market orientation coexist with continued state dominance of the sector. This book aims to revisit and refresh thinking on power sector reform approaches for developing countries. The approach relies heavily on evidence from the past, drawing both on broad global trends and deep case material from 15 developing countries. It is also forward looking, considering the implications of new social and environmental policy goals, as well as the emerging technological disruptions. A nuanced picture emerges. Although regulation has been widely adopted, practice often falls well short of theory, and cost recovery remains an elusive goal. The private sector has financed a substantial expansion of generation capacity; yet, its contribution to power distribution has been much more limited, with efficiency levels that can sometimes be matched by well-governed public utilities. Restructuring and liberalization have been beneficial in a handful of larger middle-income nations but have proved too complex for most countries to implement. Based on these findings, the report points to three major policy implications. First, reform efforts need to be shaped by the political and economic context of the country. The 1990s reform model was most successful in countries that had reached certain minimum conditions of power sector development and offered a supportive political environment. Second, countries found alternative institutional pathways to achieving good power sector outcomes, making a case for greater pluralism. Among the top performers, some pursued the full set of market-oriented reforms, while others retained a more important role for the state. Third, reform efforts should be driven and tailored to desired policy outcomes and less preoccupied with following a predetermined process, particularly since the twenty-first-century century agenda has added decarbonization and universal access to power sector outcomes. The Washington Consensus reforms, while supportive of the twenty-first-century century agenda, will not be able to deliver on them alone and will require complementary policy measures