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| Author: | Schweickert, R. |
| Title: | Vom Washington-Konsens zum Post-Washington-Dissens? Glaubwürdigkeit, Timing und Sequencing wirtschaftlicher Reformen |
| Journal: | Weltwirtschaft
2003 : 3, p. 299-312 |
| Index terms: | Financial markets Exchange rates |
| Language: | ger |
| Abstract: | The article shows that economists seem to agree on goals rather than on instruments. The post-Washington discussion added poverty reduction as an explicit element of a reform agenda. Well established is also the priority of monetary and fiscal stabilization which should be closely followed by trade liberalization and financial market reform. However, the role of capital controls and exchange rate policy as well as the elements of a pop-poor growth strategy are still heavily debated (original in German). |
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