The Washington Consensus Reconsidered

The Washington Consensus Reconsidered

Author: Narcís Serra

Publisher: OUP Oxford

Published: 2008-04-24

Total Pages: 400

ISBN-13: 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.


Book Synopsis The Washington Consensus Reconsidered by : Narcís Serra

Download or read book The Washington Consensus Reconsidered written by Narcís Serra and published by OUP Oxford. This book was released on 2008-04-24 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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:

Published: 2019-11-12

Total Pages: 0

ISBN-13: 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.


Book Synopsis The Liberal Consensus Reconsidered by : Robert Mason

Download or read book The Liberal Consensus Reconsidered written by Robert Mason and published by . This book was released on 2019-11-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Published: 1998-01-01

Total Pages: 172

ISBN-13: 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.


Book Synopsis Beyond the Washington Consensus by : Shahid Javed Burki

Download or read book Beyond the Washington Consensus written by Shahid Javed Burki and published by World Bank Publications. This book was released on 1998-01-01 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Published: 2016-04-27

Total Pages: 222

ISBN-13: 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.


Book Synopsis Reconsidering Stagnation in the Brezhnev Era by : Dina Fainberg

Download or read book Reconsidering Stagnation in the Brezhnev Era written by Dina Fainberg and published by Lexington Books. This book was released on 2016-04-27 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Published: 2008-01-10

Total Pages: 261

ISBN-13: 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.


Book Synopsis Taxation and State-Building in Developing Countries by : Deborah Brautigam

Download or read book Taxation and State-Building in Developing Countries written by Deborah Brautigam and published by Cambridge University Press. This book was released on 2008-01-10 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Growth Strategies

Growth Strategies

Author: Dani Rodrik

Publisher:

Published: 2003

Total Pages: 72

ISBN-13:

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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


Book Synopsis Growth Strategies by : Dani Rodrik

Download or read book Growth Strategies written by Dani Rodrik and published by . This book was released on 2003 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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

The Beijing Consensus

The Beijing Consensus

Author: Stefan Halper

Publisher: Basic Books

Published: 2012-02-07

Total Pages: 336

ISBN-13: 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.


Book Synopsis The Beijing Consensus by : Stefan Halper

Download or read book The Beijing Consensus written by Stefan Halper and published by Basic Books. This book was released on 2012-02-07 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Structural change, fundamentals, and growth : a framework and case studies

Structural change, fundamentals, and growth : a framework and case studies

Author: McMillan, Margaret

Publisher: Intl Food Policy Res Inst

Published: 2017-05-11

Total Pages: 328

ISBN-13: 0896292142

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Book Synopsis Structural change, fundamentals, and growth : a framework and case studies by : McMillan, Margaret

Download or read book Structural change, fundamentals, and growth : a framework and case studies written by McMillan, Margaret and published by Intl Food Policy Res Inst. This book was released on 2017-05-11 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economics Rules

Economics Rules

Author: Dani Rodrik

Publisher: Oxford University Press, USA

Published: 2015

Total Pages: 268

ISBN-13: 0198736894

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


Book Synopsis Economics Rules by : Dani Rodrik

Download or read book Economics Rules written by Dani Rodrik and published by Oxford University Press, USA. This book was released on 2015 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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:

Published: 2009

Total Pages: 856

ISBN-13: 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.


Book Synopsis Climate Change Reconsidered by : Craig Douglas Idso

Download or read book Climate Change Reconsidered written by Craig Douglas Idso and published by . This book was released on 2009 with total page 856 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.