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The Co-Evolution of the Washington Consensus and The Economic Development Discourse

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Author Info
Kanbur, Ravi
Abstract

In this paper I give an account of development debates of the past two decades, focusing on the Washington Consensus and on the broader economic development discourse in historical context. Section 2 gives a basic account of the Washington consensus and how its meaning changed from the original formulation. Section 3 presents the evolution of the economic development discourse since the second-world-war, through the 1980s, up to the present. Section 4 asks if there is now a new consensus on economic development, in light of the recent report of the Commission on Growth and Development. Section 5 concludes.

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Paper provided by Cornell University, Department of Applied Economics and Management in its series Working Papers with number 48920.

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Date of creation: 26 Jan 2009
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Handle: RePEc:ags:cudawp:48920

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Keywords: International Development; International Relations/Trade; Political Economy;

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  1. Rodrik, Dani, 2007. "How to Save Globalization from Its Cheerleaders," Working Paper Series rwp07-038, Harvard University, John F. Kennedy School of Government. [Downloadable!]
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This page was last updated on 2009-11-26.


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