RealTime Economic Issues Watch
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RealTime Economic Issues Watch

In RealTime posts, PIIE senior staff and colleagues discuss the fast-moving economic news, financial developments, and public policy choices confronting the United States and the world.

Archive: Posts Tagged ‘Washington Consensus’

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The World Bank’s Next President Must Arrest Its Institutional Decline

by Anders Aslund | March 14th, 2012 | 10:00 am

The World Bank is the second best international organization after the International Monetary Fund (IMF) in terms of reputation and quality, but it is an institution of diminishing significance. Its current president, Robert B. Zoellick, is stepping down at the end of his five-year term, and the Obama administration has announced that it will nominate [...]

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The “Washington Consensus”: Another Near-Death Experience?

by John Williamson | April 10th, 2009 | 09:55 am

Many times, since I first used the phrase in 1989, the “Washington Consensus” has been proclaimed dead, most recently by Prime Minister Gordon Brown of Britain at the press conference following the G-20 summit in London earlier this month. Yet most of the governments of the world seem to be determined to follow the precepts [...]

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