This quantity brings jointly the various prime foreign figures in improvement experiences, comparable to 2008 Nobel Prize in Economics winner Paul Krugman, Jose Antonio Ocampo, Dani Rodrik, Joseph Stiglitz, Daniel Cohen, Olivier Blanchard, Deepak Nayyer and John Williamson to think again and suggest replacement improvement regulations to the Washington Consensus. masking quite a lot of concerns from macro-stabilization to alternate and the way forward for worldwide governance, this crucial quantity makes a true contribution to this significant and ongoing debate.
The quantity starts off through introducing the Washington Consensus, discussing the way it was once initially formulated, what it passed over, and the way it used to be later interpreted, and units the degree for a formula of a brand new improvement framework within the post-Washington Consensus period. It then is going directly to research and provide differing views and power options to a few key improvement concerns, a few that have been addressed by means of the Washington Consensus and others that have been no longer. the amount concludes via taking a look towards formulating new coverage frameworks and provides attainable reforms to the present process of world governance.