A Development Consensus Reconciling the Beijing Model and Washington Consensus: Views and Agenda

beijing consensus: new model of development in globalised age

the present study aims to answer the question that what the fundamental grounds and characteristics of beijing consensus model are and what challenges may be posed before it. concentrating on characteristics of beijing consensus model, the present study argues that positive factors inclusive of development-oriented foreign policy, significant economic indicators and good performance in the east...

Debating China ’ s Economic Growth : The Beijing Consensus or The Washington Consensus

Executive Overview This paper presents two competing views on China’s growth experience over the past three decades. For the sake of illustrative ease and brevity I label these two opposing views as the Beijing Consensus and the Washington Consensus. The Beijing Consensus interprets China’s economic growth as a function of innovations in the state sector, including close financial controls, sta...

the wall street complex, international monetary fund and washington consensus

“occupy wall street” movement which has aimed the heart of the global financial capitalist system enjoys a special significance in the perspective of social-economic- political, human rights (work force), moral and cultural heritage of nations and can be considered as a symbol of work force economic jihad in national and global level in order to realize justice and socio-economic equality. but ...

From Washington Consensus to BeST Consensus for World Development

Democracy and the “ Washington Consensus ”

This paper argues that there is a substantial body of economic advice, roughly summarized in the “Washington consensus,” that deserves to be endorsed across the political spectrum. Such endorsement would still leave a series of major economic issues, most notably the tradeoff between efficiency and equity, to be determined by the outcome of the political process. It is argued that the “left,” i...