Advanced Search
MyIDEAS: Login to save this paper or follow this series

Development & Effective Governance

Contents:

Author Info

  • Lloyd Fernando
Registered author(s):

    Abstract

    We read today that winds of nationalism are blowing through Latin America. They are blowing across Argentina, Brazil, Chile, Ecuador, Uruguay and Venezuela. Mexico too is expected to join them when it goes to the polls in July. These new regimes are being characterised as leftwing – mostly left of centre – with sympathy in varying degree towards the Cuban revolution. The fundamental problems facing these countries are the same – poverty, unemployment, rising cost of living, regional disparities and mounting youth disillusionment. The pursued solutions are a hybrid of state led interventions in the economy, reflecting a challenge to the Washington Consensus of free markets and privatisation. Here in Sri Lanka, we have a similar situation. The problems are very much the same – poverty, unemployment, rising cost of living, regional disparities and youth disillusionment. But here they are compounded by an ethnic conflict and violence, which makes the challenges more complex and the tasks of dealing with them more daunting. Here too it seems, the Washington consensus has failed. One might argue of course that the reason was lack of consistency of application. But consistency depends also on the socio-political realities and balance of political forces. In a democratic constituency which was replete with elections, it was almost impossible to carryout structural adjustment programmes consistently, since they carried with them all the consequences of relative price adjustments and short-term disruption of life. Further, the free trade dogma carried with it threats to indigenous capital formation and investment, with little or no time for “learning by doing processes”. This is the reason why there has been a fusion of the nationalist movement with aspirations of egalitarianism and socialism.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.caei.com.ar/es/programas/asia/11.pdf
    Our checks indicate that this address may not be valid because: 404 Not Found. If this is indeed the case, please notify (Ariel González)
    Download Restriction: no

    Bibliographic Info

    Paper provided by Argentine Center of International Studies in its series Working Papers - Programa Asia & Pacífico with number 011.

    as in new window
    Length:
    Date of creation:
    Date of revision:
    Handle: RePEc:cis:asia00:011

    Contact details of provider:
    Postal: Cafayate 1031, 1408 Ciudad de Buenos Aires
    Phone: +54 911 57651065
    Email:
    Web page: http://www.caei.com.ar
    More information through EDIRC

    Order Information:
    Postal: Argentine Center of International Studies, Cafayate 1031, CP: 1408, Buenos Aires, Argentina.
    Email:

    Related research

    Keywords: Development; poverty; Governance; Sri Lanka;

    This paper has been announced in the following NEP Reports:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:cis:asia00:011. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ariel González).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.