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After the Washington Consensus: Restarting Growth and Reform in Latin America

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Title: After the Washington Consensus: Restarting Growth and Reform in Latin America
by Pedro-Pablo Kuczynski, John Williamson
ISBN: 0-88132-347-0
Publisher: Institute for International Economics
Pub. Date: 01 March, 2003
Format: Paperback
Volumes: 1
List Price(USD): $30.00
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Average Customer Rating: 5 (1 review)

Customer Reviews

Rating: 5
Summary: An excellent book for students of international economics.
Comment: The book is composed of 11 essays concerning what went wrong, what went right, and what is to be learned from the last decades of economic policy in Latin America. I myself am a new-comer to international economics and I found the essays to be rich sources of information and insight.

This book marks a partial shift in the debate on economic development from an emphasis on growth as an engine for the reduction of poverty, to an emphasis on stability and a more equitable distribution of wealth as an engine for growth. This introduces somewhat heterodoxical arguments for minimizing dollarization and in favor of capital controls. Clearly, the co-editor that had coined the term "The Washington Consensus" has seen the need to amend the 90's program.

For the layman this book may be a bit dense. For the student of international economics, a must read.

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