Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/31683 
Authors: 
Year of Publication: 
2008
Series/Report no.: 
Working Paper No. 533
Publisher: 
Levy Economics Institute of Bard College, Annandale-on-Hudson, NY
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

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