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Title:The discrete charm of the Washington Consensus PDF Logo
Authors:Kregel, Jan
Issue Date:2008
Series/Report no.:Working papers // The Levy Economics Institute 533
Abstract:Over the last two centuries in Latin America a Washington Consensus development strategy based on integration in the global trading system has dominated both domestic demand management and industrialization from within.” This paper assesses the performance of each from the point of view of the impact of external conditions, and the validity of its underlying theory. It concludes by noting that replacing the Consensus will require not only reform of the international financial architecture but also a return to the integrated policy framework represented in the Havana Charter.
Subjects:Development Finance
Latin American Development Policy
Ragnar Nurkse
Development Economics
Employer of Last Resort
JEL:B31
O11
O14
O16
O23
Document Type:Working Paper
Appears in Collections:Working Papers, Levy Economics Institute of Bard College

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