The objective of this paper, which synthesizes various researches, is twofold. First, starting from empirical studies, we show that development policies implemented since the beginning of the international debt crisis of 1982 led to a failure, showing that the Washington consensus based approach of development is unsustainable. Thus, from a heterodox perspective, we investigate the theoretical debate aiming at constructing a strong sustainability.
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Find related papers by JEL classification: B31 - Schools of Economic Thought and Methodology - - History of Thought: Individuals - - - Individuals E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
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