By Narcís Serra, Joseph E. Stiglitz
This quantity brings jointly the various top overseas figures in improvement experiences, resembling Jose Antonio Ocampo, Paul Krugman, Dani Rodrik, Joseph Stiglitz, Daniel Cohen, Olivier Blanchard, Deepak Nayyer and John Williamson to re-examine and suggest substitute improvement rules to the Washington Consensus. overlaying a variety of concerns from macro-stabilization to exchange and the way forward for worldwide governance, this crucial quantity makes a true contribution to this crucial and ongoing debate. the quantity starts off by means of introducing the Washington Consensus, discussing the way it used to be initially formulated, what it omitted, 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 examine and provide differing views and strength suggestions to a couple of key improvement matters, a few which have been addressed through the Washington Consensus and others that have been now not. the quantity concludes by way of taking a look towards formulating new coverage frameworks and provides attainable reforms to the present process of world governance.