Incompleteness of post-Washington Consensus: A critique of macro-economic and institutional reforms

International Studies

Volumn 44, Issue 2, 2007, Pages 103-122

  Montiel, Héctor Cuadra ^a  

^a Veracruz College ^*  (Mexico)

Author keywords

[No Author keywords available]

Indexed keywords

ECONOMIC REFORM; GENERAL EQUILIBRIUM ANALYSIS; GLOBALIZATION; INSTITUTIONAL REFORM; MACROECONOMICS;

NORTH AMERICA; UNITED STATES; WASHINGTON [UNITED STATES];

EID: 51249148098     PISSN: 00208817     EISSN: None     Source Type: Journal    
DOI: 10.1177/002088170704400202     Document Type: Article

References (58)

1. Bhagwati, Jagdish. 1999. 'Regionalism and Multilateralism: An Overview,' in Jagdish Bhagwati, Pravin Krishna and Arvind Panagariya, eds, Trading Blocs: Alternative Approaches to Analyzing Preferential Trade Agreements, pp. 3-32. London: MIT Press.
2. Bhagwati, Jagdish and Arvind Panagariya. 1999. 'Preferential Trading Areas and Multilateralism - Strangers, Friends or Foes?', in Jagdish Bhagwati, Pravin Krishna and Arvind Panagariya, eds, Trading Blocs: Alternative Approaches to Analyzing Preferential Trade Agreements, pp. 3-100. London: MIT Press.
3. Bhagwati, Jagdish, David Greenaway and Arvind Panagariya. 1998. 'Trading Preferentially: Theory and Policy,' The Economic Journal. vol. 108 (July), pp. 1128-48.
4. Birdsall, Nancy and Augusto se la Torre. 2001. Washington Contentious: Economic Policies for Social Equity in Latin America. Washington DC: Carnegie Endowment for International Peace and the Inter-American Dialogue.
5. Burki, Shahid Javed and Guillermo Perry. 1998. Beyond the Washington Consensus: Institutions Matter. Washington DC: The World Bank.
6. Dussel Peters, Enrique. 1997. La Economía de la Polarización: Teoría y Evolución del Cambio Estructural de las Manufacturas Mexicanas (The Economy of Polarization: Theory and Evolution of Mexican Manufacturing Structural Change) (1988-1996). Mexico: UNAM and Editorial Jus.
7. Dussel Peters, Enrique. 2000. Polarizing Mexico: The Impact of Liberalization Strategy. London: Lynne Rienner.
8. Fawcett, Louise and Andrew Hurrell, eds. 1995. Regionalism in World Politics: Regional Organization and International Order. Oxford: Oxford University Press.
9. Foucault, Michel. 1976. 'Two Lectures', in Michael Kelly, ed., 1994. Critique and Power: Recasting the Foucault/Habermas Debate, pp. 17-46. Cambridge: MIT Press.
10. Foucault, Michel. 1977. Discipline and Punish: The Birth of the Prision. London: Penguin.
11. Foucault, Michel. 1979. The History of Sexuality. Vol. 1: An Introduction (Translated by Robert Hurley). Harmondsworth: Penguin.
12. Gilpin, Robert. 2001. Global Political Economy: Understanding the International Economic Order. Princeton: Princeton University Press.
13. Granovetter, Mark. 1985. 'Economic Action and Social Structure: The Problem of Embeddedness,' American Journal of Sociology, vol. 91, no. 3 (November), pp. 481-510.
14. Granovetter, Mark. 1992. 'Economic Institutions as Social Constrictions: A Framework for Analysis,' Acta Sociologica, vol. 35, no. 3, pp. 3-11.
15. Granovetter, Mark and Richard Swedberg, eds. 1992. The Sociology of Economic Life. Colorado: Westview.
16. Hay, Colin. 1996. Re-stating Social and Political Change. Buckingham: Open University.
17. Hay, Colin. 2001. 'The Invocation of External Economic Constraint: A Genealogy of the Concept of Globalization in the Political Economy of the British Labour Party, 1973-2000', The European Legacy, vol. 6, no. 2, pp. 233-49.
18. Hay, Colin. 2002. Political Analysis: A Critical Introduction. Hampshire: Palgrave.
19. Hay, Colin and David Marsh, eds. 2000. Demystifying Globalization. Hampshire: Palgrave.
20. Held, David, Anthony Mcgrew, David Goldblatt and Jonathan Perraton. 1999. Global Transformations: Politics, Economics and Culture. Cambridge: Polity.
21. Jessop, Bob. 1990. State Theory: Putting the Capitalist State in its Place. Cambridge: Polity.
22. Kuczynski, Pedro Pablo and John Williamson, eds. 2003. After the Washington Consensus: Restarting Growth and Reform in Latin America. Washington DC: Institute for International Economics.
23. Lawson, Tony. 1997. Economics and Reality. London: Routledge.
24. Lawson, Tony. 2003. Reorienting Economics. London: Routledge.
25. Mansfield, Edward D. and Helen V. Milner, eds. 1997. The Political Economy of Regionalism. New York: Columbia University Press.
26. Mansfield, Edward D. and Helen V. Milner. 1999. 'The New Wave of Regionalism', International Organization, vol. 53, no. 3, pp. 589-627.
27. McKinnon, Ronald. 1973. Money and Capital in Economic Development. Washington DC: Brookings.
28. McKinnon, Ronald. 1991. The Order of Economic Liberalization: Financial Control in the Transition to a Market Economy. Baltimore: Johns Hopkins.
29. McKinnon, Ronald. 2002. 'The World Dollar Standard and Emerging Markets', Paper presented at the Maxwell Fry Global Finance Lecture. The University of Birmingham, October.
30. North, Douglass C. 1990. Institutions, Institutional Change and Economic Performance. Cambridge: Cambridge University Press.
31. Ohmae, Kenichi. 1990. The Borderless World: Power and Strategy in the Interlinked Economy. London: Collins.
32. Ohmae, Kenichi. 1996. The End of the Nation State: The Rise of Regional Economies. London: HarperCollins (Special overseas edition).
33. Panagariya, Arvind. 1999. Regionalism in Trade Policy: Essays on Preferential Trading. Singapore: World Scientific.
34. Polanyi, Karl. 1957. The Great Transformation: The Political and Economic Origins of Our Time. Boston: Beacon.
35. Polanyi, Karl. 1992. 'The Economy as Instituted Process', in Mark Granovetter and Richard Swedberg, eds, The Sociology of Economic Life, pp. 29-51. Colorado: Westview.
36. Polanyi, Karl. 1996. 'Our Obsolete Market Mentality: Civilization Must Find a New Thought Pattern', in Richard Swedberg, ed., Economic Sociology, pp. 109-54. Cheltenham: Elgar.
37. Rodrik, Dani. 1999. The New Global Economy and Developing Countries: Making Openness Work. Washington DC: Overseas Developing Council.
38. Schumpeter, Joseph A. 1934. The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest and the Business Cycle. Cambridge: Harvard University Press.
39. Schumpeter, Joseph A. 1954. Capitalism, Socialism and Democracy (Fourth edition). London: Unwin.
40. Schumpeter, Joseph A. 1996. 'The Crisis of the Tax State', in Richard Swedberg, ed., Economic Sociology. Cheltenham: Elgar.
41. Serra, Jaime et al. 1997. Reflections on Regionalism: Report of the Study Group on International Trade. Washington DC: Carnegie Endowment for International Peace.
42. Smelser, Neil, J. and Richard Swedberg. 1994. 'The Sociology Perspective on the Economy', in Neil J. Smelser and Richard Swedberg, eds, The Handbook of Economic Sociology, pp. 1-26. Princeton: Princeton and Russel Sage Foundation.
43. Stiglitz, Joseph, E. 1998a. 'More Instruments and Broader Goals: Moving Toward the Post-Washington Consensus', The 1998 WIDER Annual Lecture, Helsinki, January.
44. Stiglitz, Joseph, E. 1998b. 'Redifining the Role of the State: What Should it Do? How Should it Do it? And How Should these Decisions be Made?', Paper presented at the 10th Anniversary of MITI Research Institute (Tokyo, Japan), March 1998.
45. Strange, Susan. 1994. States and Markets. (Second edition). London: Pinter.
46. Strange, Susan. 1996. The Retreat of the State: The Difussion of Power in the World Economy. Cambridge: Cambridge University Press.
47. Swedberg, Richard. 1991. 'Major Traditions in Economic Sociology', Annual Review of Sociology, vol. 17, pp. 251-76.
48. Swedberg, Richard. 1994. 'Markets as Social Structures', in Neil J. Smelser and Richard Swedberg, eds, The Handbook of Economic Sociology, pp. 225-82. Princeton: Princeton and Russel Sage Foundation.
49. Vreeland, James Raymond. 2003. The IMF and Economic Development. Cambridge: Cambridge University Press.
50. Watson, Matthew. 2003. 'Constructing and Contesting Orthodoxies: General Equilibrium Economics and the Poltical Discourse of Globalization', Paper presented at the Annual Conference of the International Studies Association, Oregon, February.
51. Williams, David. 1999. 'Constructing the Economic Space: The World Bank and the Making of the Homo Oeconomicus', Millennium: Journal of International Studies. vol. 28, no. 1, pp. 79-99.
52. Williamson, John. 1990. 'What Washington Means by Policy Reform', in John Williamson, ed., Latin American Adjustment: How Much Has Happened?, pp. 7-20. Washington DC: Institute for International Economics.
53. World Bank. 1997. World Development Report 1997. The State in a Changing World. Washington DC: The World Bank and Oxford.
54. World Bank. 1998. World Development Report 1998/1999. Knowledge for Development. New York: The World Bank and Oxford.
55. World Bank. 1999. World Development Report 1999/2000. Entering the 21st Century. New York: The World Bank and Oxford.
56. World Bank. 2000a. Trade Blocs: A World Bank Policy Research Report. New York: The World Bank and Oxford.
57. World Bank. 2000b. World Development Report 2000/2001. Attacking Poverty. New York: The World Bank and Oxford.
58. World Bank. 2001. World Development Report 2002. Building Institutions for Markets. New York: The World Bank and Oxford.