Vol. 19 No. 1 (1999)
Jan-Mar / 1999
Published January 1, 1999
How to Cite
Stiglitz, Joseph E. 1999. “More Instruments and Broader Goals: Moving Toward the Post-Washington Consensus”. Brazilian Journal of Political Economy 19 (1):101-28. https://doi.org/10.1590/0101-31571999-1084.
More instruments and broader goals: moving toward the Post-Washington Consensus
Abstract
In this lecture the author acknowledges the failure of the “Washington Consensus”
in promoting economic growth and proposes a new consensus where the state has
again an active role. He starts from some lessons of the Asian crisis and concludes for the
need of broadening the goals of development.
JEL Classification: O16; O11.
Keywords: Liberalization economic growth Washington consensus determinants of development