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After the Washington Consensus
Restarting Growth and Reform in Latin America
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- Book details for After the Washington Consensus
- P. Kuczynski (editor), John Williamson (editor)
- Paperback, 230 x 153 x 19mm , 400 pp, illustrations
- 31 Mar 2003
- Institute for International Economics,U.S.
- 0881323470
- 9780881323474
This volume is a successor of sorts to the Institute's 1986 volume "Toward Renewed Economic Growth In Latin America". It again presents the work of a group of leading Latin American economists who were asked to think about the nature of the economic policy agenda that the region should be pursuing after the better part of a decade that was punctuated by crises, achieved disappointingly slow growth, and saw no improvement in the region's highly skewed income distribution. It diagnoses the first-generation (liberalizing and stabilizing) reforms that are still lacking, the complementary second-generation (institutional) reforms that are necessary to provide the institutional infra-structure of a market economy with an egalitarian basis, and the new initiatives that are needed to crisis-proof the economies of the region to end its perpetual series of crises.
John Williamson, Senior Fellow since 1981, was economics professor at Pontifica Universidade Catolica do Rio de Janeiro (1978-81), University of Warwick (1970-77), Massachusetts Institute of Technology (1967, 1980), University of York (1963-68), and Princeton University (1962-63). He also served as adviser to the International Monetary Fund (1972-74); and Economic Consultant to the UK Treasury (1968-70), and Chief Economist for the South Asia Region of the World Bank (1996-99). He has published numerous studies on international monetary and developing world debt issues, including Exchange Rate Regimes for Emerging Markets: Reviving the Intermediate Option (2000), The Crawling Band as an Exchange Rate Regime (1996), What Role for Currency Boards? (1995), Estimating Equilibrium Exchange Rates (1994), The Political Economy of Policy Reform (1993), Latin American Adjustment: How Much Has Happened? (1990), and Targets and Indicators: A Blueprint for the International Coordination of Economic Policy with Marcus Miller (1987).
