Más allá del concenso de Washington

Resumen

A CRITIQUE OF THE WASHINGTON CONSENSUS AND THE ECONOMIC POLICIES BASED ON IT, THIS ARTICLE POINTS TO THE FACT THAT IT DID NOT TAKE INTO ACCOUNT THE ROLE OF INSTITUTIONS IN ECONOMIC DEVELOPMENT AND MINIMIZED THE ROLE OF SOCIAL POLICY. ALTHOUGH HE RECOGNIZES THE ADVANCES STEMMING FROM SOME OF THE IDEAS INTRODUCED, THE AUTHOR POINTS OUT THAT MARKET REFORMS HAVE CAUSED SOME OF THE PROBLEMS THAT URGENTLY REQUIRE SOLUTIONS, PARTICULARLY POOR ECONOMIC PERFORMANCE AND THE DETERIORATION OF THE TERMS OF DISTRIBUTION IN LATIN AMERICA AND OTHER REGIONS OF THE WORLD.