IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-01644136.html

Whatever Inconsistencies and Effects? Explaining the Resilience of the Policy Reforms Applied to Developing Countries

Author

Listed:
  • Alice Nicole Sindzingre

    (EconomiX - EconomiX - UPN - Université Paris Nanterre - CNRS - Centre National de la Recherche Scientifique)

Abstract

Why is ‘neoliberalism' still a predominant framework within economics and policymaking? The paper considers the mix of theoretical assumptions, causalities and policies known as the ‘Washington consensus', focusing on developing countries. Firstly, it analyses their main elements, resilience and effects (the ‘lost decades in spite of policy reform'). Secondly, it examines the reasons of this resilience and argues that a reason is their adaptive capacity via constant exchanges between facts and conceptual assumptions, because this mix is constituted of heterogeneous elements (from neoclassical theory, ad hoc models or empirics-based policymaking): inconsistency is a core feature and as such its correction is irrelevant. These ‘adaptive inconsistencies' are consolidated by the simultaneous theoretical/policy dimension of the mix. Its cognitive resilience is reinforced by the irrefutability of causations and the cause/effect time lag (‘after current costs, there will be gains', e.g., growth), and is not challenged by the social costs of policies.

Suggested Citation

  • Alice Nicole Sindzingre, 2015. "Whatever Inconsistencies and Effects? Explaining the Resilience of the Policy Reforms Applied to Developing Countries," Post-Print hal-01644136, HAL.
    • Handle: RePEc:hal:journl:hal-01644136
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    Other versions of this item:

    Citations

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


    Cited by:

    1. Alice Sindzingre, 2021. "Assessing the Concept of Change in International Financial Institutions' Theories and Policies: The Example of Sub-Saharan African Countries," Post-Print halshs-03625137, HAL.
    2. Alice Nicole Sindzingre, 2015. "‘Policy Externalisation’ Inherent Failure: International Financial Institutions’ Conditionality in Developing Countries," Post-Print hal-01668363, HAL.
    3. Alice Nicole Sindzingre, 2016. "From an Eroding Model to Questioned Trade Relationships: The European Union and Sub-Saharan Africa," Insight on Africa, , vol. 8(2), pages 81-95, July.
    4. Abdul Rahman & Muhammad Arshad Khan, 2024. "Role of consistent regime-specific policies in recovering the negative relationship between financial development and economic growth," Economic Change and Restructuring, Springer, vol. 57(4), pages 1-27, August.

    More about this item

    Keywords

    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-01644136. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.