From Washington Consensus to Lisbon Agenda: What Lessons for Economic Models in Romania?
AbstractThe path from command to market economics in Romania has been marked by two decisive conceptual clarifications at international scale, from the 1989 Washington Consensus to the 2000 Lisbon Agenda. In both cases, it was about a "how-to" policy list supposedly conducive to better economic performance. Prescriptions from both lists were integrated in national programmes, but doubts still persist as to the configuration of the right policy measures. This material discusses the context and practical implications of the two theoretical models.
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Bibliographic InfoArticle provided by Department of International Business and Economics from the Academy of Economic Studies Bucharest in its journal Romanian Economic Journal.
Volume (Year): 10 (2007)
Issue (Month): 26 (December)
economic theory; development; European integration; competitiveness;
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