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Development Lessons for Asia from Non-Asian Countries

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  • Dani Rodrik

Abstract

The disappointments of the Washington Consensus have led to the search for a new paradigm to replace it. The chief failing of the Washington Consensus was that it represented an approach based on “rules of thumb.†As such it was not well grounded either in economic theory or in the reality of actual countries. I discuss several strands of new thinking that have appeared following the demise of the Washington Consensus, and argue in favor of an explicitly diagnostic approach.

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  • Dani Rodrik, 2006. "Development Lessons for Asia from Non-Asian Countries," Asian Development Review (ADR), World Scientific Publishing Co. Pte. Ltd., vol. 23(01), pages 1-15.
    • Handle: RePEc:wsi:adrxxx:v:23:y:2006:i:01:n:s0116110506000017
    DOI: 10.1142/S0116110506000017
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