After The Washington Consensus Restarting Growth And Reform In Latin America
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After The Washington Consensus
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Author : Pedro-Pablo Kuczynski
language : en
Publisher: Columbia University Press
Release Date : 2003-03-26
After The Washington Consensus written by Pedro-Pablo Kuczynski and has been published by Columbia University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-03-26 with Business & Economics categories.
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.
After The Washington Consensus Restarting Growth And Reform In Latin America
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Author :
language : en
Publisher: Peterson Institute
Release Date :
After The Washington Consensus Restarting Growth And Reform In Latin America written by and has been published by Peterson Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on with Latin America categories.
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.
Latin America After The Washington Consensus
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Author : Pacific Council on International Policy
language : en
Publisher: iUniverse
Release Date : 2006-08
Latin America After The Washington Consensus written by Pacific Council on International Policy and has been published by iUniverse this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-08 with Business & Economics categories.
In spite of the defeat of hyperinflation and improvements in macroeconomic management, the 1990s Washington Consensus-based reforms failed to reverse long-existing declines in productivity in Latin America. They also failed to create adequate local credit markets necessary for higher and more stable growth. By neglecting key matters of distribution, social welfare and investment in the region's human resources, the reforms have limited the prospects for long-term growth and left millions of Latin Americans feeling as if they have little stake in democratic governance and market economics. Drawing upon insights from top political and economic analysts from Latin America and the United States, Latin America after the Washington Consensus: Re-assessing Policies and Priorities discusses the need to reduce current levels of inequality and unemployment, invest in education to increase productivity and competitiveness, and strengthen the capacity of the state to withstand changes in the global economy. Reaching higher rates of growth would solve many of the region's problems, but most Latin American countries have yet to generate the institutional and social conditions that would sustain such growth and endow local economies with more resilience. Warning against one-size-fits-all solutions, Latin America after the Washington Consensus insists that each Latin American state must respond to these challenges with pragmatic strategies based on its own strengths and weaknesses.
The Political Economy Of Policy Reform
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Author : John Williamson
language : en
Publisher: Peterson Institute
Release Date : 1994
The Political Economy Of Policy Reform written by John Williamson and has been published by Peterson Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business & Economics categories.
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.
The Washington Consensus Reconsidered
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Author : Narcís Serra
language : en
Publisher: OUP Oxford
Release Date : 2008-04-24
The Washington Consensus Reconsidered written by Narcís Serra and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-24 with Political Science categories.
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.
Progress Poverty And Exclusion
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Author : Rosemary Thorp
language : en
Publisher: IDB
Release Date : 1998
Progress Poverty And Exclusion written by Rosemary Thorp and has been published by IDB this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Business & Economics categories.
A comprehensive Statistical Appendix provides regional and country-by-country data in such areas as GDP, manufacturing, sector productivity, prices, trade, income distribution and living standards."--BOOK JACKET.
Finance Development September 2003
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Author : International Monetary Fund. External Relations Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2003-08-22
Finance Development September 2003 written by International Monetary Fund. External Relations Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-08-22 with Business & Economics categories.
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.
Contemporary Latin America
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Author : Francisco Panizza
language : en
Publisher: Zed Books Ltd.
Release Date : 2013-04-04
Contemporary Latin America written by Francisco Panizza and has been published by Zed Books Ltd. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-04 with Political Science categories.
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 State Of State Reforms In Latin America
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Author : Eduardo Lora
language : en
Publisher: World Bank Publications
Release Date : 2006-10-23
The State Of State Reforms In Latin America written by Eduardo Lora and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-10-23 with Political Science categories.
Latin America suffered a profound state crisis in the 1980s, which prompted not only the wave of macroeconomic and deregulation reforms known as the Washington Consensus, but also a wide variety of institutional or 'second generation' reforms. 'The State of State Reform in Latin America' reviews and assesses the outcomes of these less studied institutional reforms. This book examines four major areas of institutional reform: a. political institutions and the state organization; b. fiscal institutions, such as budget, tax and decentralization institutions; c. public institutions in charge of sectoral economic policies (financial, industrial, and infrastructure); and d. social sector institutions (pensions, social protection, and education). In each of these areas, the authors summarize the reform objectives, describe and measure their scope, assess the main outcomes, and identify the obstacles for implementation, especially those of an institutional nature.
Beyond The Washington Consensus
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Author : Shahid Javed Burki
language : en
Publisher: World Bank Publications
Release Date : 1998-01-01
Beyond The Washington Consensus written by Shahid Javed Burki and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-01-01 with Business & Economics categories.
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.