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Economic Development in the Shadow of the Consensus: A Strategic Decision-Making Approach

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  • Roger Sugden
  • James R. Wilson

Abstract

Founded on an interpretation that is rooted in localities and their communities, we offer a move from the inevitability of uneven development. Analysis of past and present theory is framed in terms of decision-making. It is argued that 'external' decisions may constrain localities in their development, while reflecting the agendas of outside agents, corporations and other organisations. A dual approach to development is suggested, that would work in the shadow of the Washington and/or post-Washington Consensus to build a learning process of democratic engagement, and move towards redressing the decision-making balance in favour of localities. Examples from South Africa and Nicaragua illustrate our arguments. Copyright 2002, Oxford University Press.

Suggested Citation

  • Roger Sugden & James R. Wilson, 2002. "Economic Development in the Shadow of the Consensus: A Strategic Decision-Making Approach," Contributions to Political Economy, Oxford University Press, vol. 21(1), pages 111-134, December.
  • Handle: RePEc:oup:copoec:v:21:y:2002:i:1:p:111-134
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    Cited by:

    1. Carlo Borzaga & Silvia Sacchetti, 2015. "Why Social Enterprises Are Asking to Be Multi-stakeholder and Deliberative: An Explanation around the Costs of Exclusion," Euricse Working Papers 1575, Euricse (European Research Institute on Cooperative and Social Enterprises).
    2. J. Robert Branston & Roger Sugden & Pedro Valdez & James Wilson, 2006. "Generating Participation and Democracy: An Illustration from Electricity Reform in Mexico," International Review of Applied Economics, Taylor & Francis Journals, vol. 20(1), pages 47-68.
    3. Jesús María Valdaliso, 2015. "Pertenencia a clústeres y comportamiento competitivo de las empresas: un estudio de seis asociaciones-clúster en el País Vasco," Working Papers 2015R02, Orkestra - Basque Institute of Competitiveness.
    4. Silvia Sacchetti & Colin Campbell, 2015. "Creating Space for Communities: Social Enterprise and the Bright Side of Social Capital," Journal of Entrepreneurial and Organizational Diversity, European Research Institute on Cooperative and Social Enterprises, vol. 3(2), pages 32-48, February.
    5. James R. Wilson & Mari Jose Aranguren & Mikel Navarro, 2015. "From Plan to Process: Exploring the Leadership Implications of RIS3," Working Papers 2015R01, Orkestra - Basque Institute of Competitiveness.
    6. Mari Jose Aranguren & James Karlsen & Miren Larrea & James R. Wilson, 2013. "The development of action research processes and their impacts on socio-economic development in the Basque Country," Chapters,in: Leadership and Cooperation in Academia, chapter 14, pages 216-233 Edward Elgar Publishing.
    7. Roger Sugden, 2013. "Space in an inferno? The organization of modern universities and the role of academics," Chapters,in: Leadership and Cooperation in Academia, chapter 4, pages 43-57 Edward Elgar Publishing.

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