Washington Consensus The A Critical Evaluation Of The Principles And Implications For Economic Development
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The Washington Consensus
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Author : Imad A. Moosa
language : en
Publisher:
Release Date : 2021
The Washington Consensus written by Imad A. Moosa and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with Developing countries categories.
"The objective of the book is to evaluate critically the ten principles of the Washington Consensus, which govern the conditionality provisions of the IMF and World Bank, and guide the so-called economic reform in developing countries. The book starts with an overview of the Consensus, followed by a chapter on IMF conditionality and how they are related. Since the Consensus is inherently neoliberal, a chapter is devoted to a critique of the free market doctrine and the concept of economic freedom as seen by free marketeers. The ten principles of the Washington Consensus (referred to as the "ten commandments") are divided into four groups: fiscal reform, interest and exchange rate policies, liberalization of trade and foreign direct investment, and privatization and deregulation (including property rights). The book is written in the normative tradition of what ought to be, as opposed to the positive tradition of what is. While it may be tempting to describe the work as "polemic", the underlying issues contain such a significant moral component that pretending to be neutral would be a betrayal of justice and morality. In essence, the arguments put forward in the book are intended to dismantle, discredit and debunk a set of principles that are effectively used to loot developing countries"--
Washington Consensus The A Critical Evaluation Of The Principles And Implications For Economic Development
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Author : Imad A Moosa
language : en
Publisher: World Scientific
Release Date : 2021-07-02
Washington Consensus The A Critical Evaluation Of The Principles And Implications For Economic Development written by Imad A Moosa and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-02 with Business & Economics categories.
The objective of the book is to evaluate critically the ten principles of the Washington Consensus, which govern the conditionality provisions of the IMF and World Bank, and guide the so-called economic reform in developing countries. The book starts with an overview of the Consensus, followed by a chapter on IMF conditionality and how they are related. Since the Consensus is inherently neoliberal, a chapter is devoted to a critique of the free market doctrine and the concept of economic freedom as seen by free marketeers. The ten principles of the Washington Consensus (referred to as the 'ten commandments') are divided into four groups: fiscal reform, interest and exchange rate policies, liberalization of trade and foreign direct investment, and privatization and deregulation (including property rights).The book is written in the normative tradition of what ought to be, as opposed to the positive tradition of what is. While it may be tempting to describe the work as 'polemic', the underlying issues contain such a significant moral component that pretending to be neutral would be a betrayal of justice and morality. In essence, the arguments put forward in the book are intended to dismantle, discredit and debunk a set of principles that are effectively used to loot developing countries.
Oxford Handbook Of The International Monetary Fund
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Author :
language : en
Publisher: Oxford University Press
Release Date : 2024-10-17
Oxford Handbook Of The International Monetary Fund written by and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-10-17 with Political Science categories.
The International Monetary Fund (IMF) is a pivotal institution in global economic governance tasked with ensuring monetary stability and preventing financial crises through promoting balanced trade, economic growth, and poverty reduction. It also plays a powerful normative role by shaping economic policies worldwide through its research and expertise. The IMF played a crucial role in managing crises like the 2008 financial crisis and the COVID-19 pandemic, providing significant financial aid and advocating for stimulus measures. However, the IMF faces both internal and external challenges from reforming its governance structure to better represent emerging economies to finding its place in a world increasingly defying liberal internationalism and multilateralism. Despite reforms, power remains concentrated among advanced economies, hindering inclusivity and trust, particularly in regions like sub-Saharan Africa. Geopolitical tensions, populist nationalism, and economic imbalances further strain the IMF's effectiveness. This handbook aims to uncover these challenges by providing diverse perspectives and proposing policy recommendations that the Fund could undertake to better navigate the complex landscape of 21st-century global governance. Part I delves into its historical origins and key debates of the IMF. Part II focuses on formal operations such as lending, surveillance, and capacity development. Part III explores the involvement of different actors including states, markets, and civil society. Part IV discusses partnerships with other international organizations and collaboration in financial regulation. Part V analyzes shifts in policy instruments and ideological frameworks. Part VI broadens concerns to include gender mainstreaming, labor markets, climate policy, and inclusive growth. Part VII addresses internal challenges including cultural diversity concerns and uniformity of treatment. Part VIII evaluates external challenges such as populist movements, China's influence, global inequality and unresolved issues in Europe. Part IX explores how the IMF can meet the multiple challenges identified in this volume and positively impact 21st century global governance.
A Contemporary Analysis Of Kenya S Foreign Policy
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Author : Stephen Magu
language : en
Publisher: Springer Nature
Release Date : 2024-09-11
A Contemporary Analysis Of Kenya S Foreign Policy written by Stephen Magu and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-09-11 with Political Science categories.
This book presents a comprehensive analysis of Kenya's foreign policy decisions, examining its pivotal role in global affairs and its interplay with regional and international dynamics. Through an insightful exploration of Kenya's national security concerns and diplomatic engagements, the book delves into the intricate nexus between geography, political stability, and foreign policy.Featuring a near-chronological examination, the book is organized thematically, with each chapter analysing Kenya's multifaceted foreign policy landscape. From exploring the genesis of Kenya's foreign policy to unravelling the political intricacies of territorial integrity and regionalism, the book illuminates the nation's historical journey in the global arena. Drawing on empirical research, it presents the complexities of Kenya's involvement in regional conflicts and its substantial contributions to international peacekeeping efforts. Furthermore, it offers a nuanced understanding of Kenya's engagement in global multilateral platforms, shedding light on its contributions to the UN Security Council and other international governing bodies. By critically analysing the socio-economic implications of global policies such as the Washington Consensus and Structural Adjustment Programs, the book details the intricate web of influences shaping Kenya's economic landscape and its intricate relations with other nations. Engaging readers with a deep exploration of Kenya's role in addressing humanitarian crises and its response to global challenges, the book provides a compelling narrative on how a seemingly 'small power' can significantly influence broader global dynamics. By emphasizing the intricate relationship between local challenges and global implications, the book serves as an indispensable guide for scholars, policymakers, and global stakeholders seeking to comprehend the nuanced interplay of geopolitics, diplomacy, and regional security within the broader context of the Global South.
Economic Growth In The 1990s
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Author : World Bank
language : en
Publisher: World Bank Publications
Release Date : 2005
Economic Growth In The 1990s written by World Bank 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 2005 with Business & Economics categories.
This report was prepared by a team led by Roberto Zagha, under the general direction of Gobind Nankani.
The New Development Economics
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Author : Jomo K.S.
language : en
Publisher: Zed Books
Release Date : 2006
The New Development Economics written by Jomo K.S. and has been published by Zed Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Business & Economics categories.
This volume provides a critique of the post-Washington Concensus in neoliberal economics.
Neoliberalism
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Author : Alfredo Saad-Filho
language : en
Publisher: Pluto Press (UK)
Release Date : 2005-02-03
Neoliberalism written by Alfredo Saad-Filho and has been published by Pluto Press (UK) this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-02-03 with Business & Economics categories.
Leading writer Boris Kagarlitsky offers an ambitious account of 1000 years of Russian history.
The Washington Consensus Reconsidered
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Author : Narcís Serra
language : en
Publisher: Oxford University Press, USA
Release Date : 2008-04-24
The Washington Consensus Reconsidered written by Narcís Serra and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-24 with Business & Economics categories.
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 As Freedom
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Author : Amartya Sen
language : en
Publisher: Anchor
Release Date : 2011-05-25
Development As Freedom written by Amartya Sen and has been published by Anchor this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-05-25 with Business & Economics categories.
By the winner of the 1988 Nobel Prize in Economics, an essential and paradigm-altering framework for understanding economic development--for both rich and poor--in the twenty-first century. Freedom, Sen argues, is both the end and most efficient means of sustaining economic life and the key to securing the general welfare of the world's entire population. Releasing the idea of individual freedom from association with any particular historical, intellectual, political, or religious tradition, Sen clearly demonstrates its current applicability and possibilities. In the new global economy, where, despite unprecedented increases in overall opulence, the contemporary world denies elementary freedoms to vast numbers--perhaps even the majority of people--he concludes, it is still possible to practically and optimistically restain a sense of social accountability. Development as Freedom is essential reading.
Financialisation
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Author : Imad A. Moosa
language : en
Publisher: Edward Elgar Publishing
Release Date : 2023-06-01
Financialisation written by Imad A. Moosa and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-06-01 with Business & Economics categories.
This timely book explores the measurement and consequences of financialisation, as well as its driving forces, to take a fresh look at reconciling the twin concepts of financialisation and financial development. Imad Moosa provides a critical review of these two separate strands – the individual measures of economic development and financialisation – on the grounds that they are inadequate to represent a multi-dimensional process.