ABSTRACT

The Post-Washington Consensus has succeeded in becoming the new theoretical underpinning for the World Bank's Structural Adjustment policies in developing countries. This broad-ranging critique explains that without a much broader political economy the Post-Washington Consensus is unlikely to provide a coherent framework for successful development policies.
Development Policy in the 21st Century is unique in its depth and assesses the postures of the new consensus topic by topic, whilst posing strong alternatives. It will improve and stimulate the reader's understanding of this important area, and is highly recommended to advanced students and professionals

chapter 1|27 pages

Neither the Washington nor the post-Washington consensus

An introduction

chapter 3|28 pages

Privatisation and the post-Washington consensus

Between the lab and the real world?

chapter 4|19 pages

From Washington to post-Washington

Does it matter for industrial policy?

chapter 7|19 pages

The social capital of the World Bank

chapter 9|37 pages

The post-Washington consensus and lending operations in agriculture

New rhetoric and old operational realities