The Washington Consensus reconsidered : towards a new global governance / edited by Narcís Serra and Joseph E. Stiglitz.

Format:

Book

Contributor:

Serra, Narcís.

Stiglitz, Joseph E.

Series:

Initiative for policy dialogue series

The initiative for policy dialogue series

Language:

English

Subjects (All):

Economic development--Political aspects.

Economic development.

Globalization--Economic aspects--Developing countries.

Globalization.

Globalization--Economic aspects.

Developing countries.

Developing countries--Economic policy.

Economic policy.

Physical Description:

xv, 382 pages : illustrations ; 25 cm.

Place of Publication:

Oxford ; New York : Oxford University Press, 2008.

Summary:

This volume brings together many of the leading international figures in development studies, such as Jose Antonio Ocampo, Paul Krugman, Dani Rodrik, Joseph Stiglitz, Daniel Cohen, Olivier Blanchard, Deepak Nayyer and John Williamson to reconsider and propose alternative development policies to the Washington Consensus. Covering a wide range of issues from macro-stabilization to trade and the future of global governance, this important volume makes a real contribution to this important and ongoing debate. The volume begins by introducing the Washington Consensus, discussing how it was originally formulated, what it left out, and how it was later interpreted, and sets the stage for a formulation of a new development framework in the post-Washington Consensus era. It then goes on to analyze and offer differing perspectives and potential solutions to a number of key development issues, some which were addressed by the Washington Consensus and others which were not. The volume concludes by looking toward formulating new policy frameworks and offers possible reforms to the current system of global governance.

Contents:

Introduction: From the Washington Consensus towards a new global governance / Narcís Serra, Shari Spiegel, Joseph E. Stiglitz

A short history of the Washington Consensus / John Williamson

Inequality and redistribution / Paul Krugman

Is there a post-Washington Consensus consensus? / Joseph E. Stiglitz

The Barcelona development agenda

A broad view of macroeconomic stability / José Antonio Ocampo

The wild ones : industrial policies in the developing world / Alice H. Amsden

Sudden stop, financial factors, and economic collapse in Latin America : learning from Argentina and Chile / Guillermo A. Calvo, Ernesto Talvi

Towards a new modus operandi of the international financial system / Daniel Cohen

The world trading system and implications of external opening / Jeffrey A. Frankel

The world trading system and development concerns / Martin Khor

Reforming labor market institutions : unemployment insurance and employment protection / Olivier Blanchard

International migration and economic development / Deepak Nayyar

The future of global governance / Joseph E. Stiglitz

Growth diagnostics / Ricardo Hausmann, Dani Rodrik, Andrés Velasco

A practical approach to formulating growth strategies / Dani Rodrik.

Notes:

Includes bibliographical references and index.

ISBN:

019953408X

9780199534081

0199534098

9780199534098

OCLC:

181926037