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

Is the Washington Consensus Dead?

Contents:

Author Info

  • Degol Hailu

    ()
    (UNDP SURF)

Registered author(s):

    Abstract

    The recent G20 meeting in London elevated the International Monetary Fund (IMF) to a new level. Its lending capacity was tripled to US$750 billion. In the aftermath of World War II, the IMF was established to deal with declining commodity prices and deteriorating international trade. During the oil price shocks of the 1970s the IMF became lender of last resort, mainly to countries with balance of payments problems. The debt crisis of the early 1980s in Latin America gave the Fund further impetus. By the mid 1980s the IMF and the World Bank had become policy architects in low-income countries. The 1998 Asian financial crisis brought the IMF to the forefront of crisis management. In 2009, we are again at another milestone?the Fund is back with even greater influence. (...)

    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.ipc-undp.org/pub/IPCOnePager82.pdf
    File Function: First version, 2009
    Download Restriction: no

    Bibliographic Info

    Paper provided by International Policy Centre for Inclusive Growth in its series One Pager with number 82.

    as in new window
    Length: 1
    Date of creation: Apr 2009
    Date of revision:
    Publication status: Published by UNDP - International Policy Centre for Inclusive Growth , April 2009, pages 1-1
    Handle: RePEc:ipc:opager:82

    Contact details of provider:
    Email:
    Web page: http://www.ipc-undp.org
    More information through EDIRC

    Related research

    Keywords: Is the Washington Consensus Dead?;

    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

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Muqtada, Muhammed, 2010. "The crisis of orthodox macroeconomic policy : the case for a renewed commitment to full employment," ILO Working Papers 456281, International Labour Organization.

    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:ipc:opager:82. 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: (Andre Lyra).

    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.