The task now is to craft a new consensus which inclusive, context-sensitive, and responsive to the realities of a multipolar, ...

Ben Bernanke gave a speech in Cleveland Wednesday on what we can learn from developing economies about economic growth. The speech revolves around three principles, macroeconomic stability, increased ...

You've probably heard that John McCain once said, "I know a lot less about economics than I do about military and foreign policy issues." This line is regularly referenced by Democratic television ...

The Beijing Consensus is slowly taking cues from the Washington playbook. China’s landmark Third Plenum has mapped a decisive role for the free market, with a concerted effort to reform state-owned ...

In 1989, the British economist John Williamson christened what was to become the defining intellectual export of the era of globalisation: the Washington Consensus. Initially a reference to the ...

Increasingly alarmed by China’s rise, Washington is trying to backtrack on decades of economic principles to rebrand China as an enemy. In the late 1980s, the United States, supported by its dominant ...

When economist John Williamson coined the phrase “Washington Consensus” in 1989, he did not intend to create a doctrine (he scolded me on this point over dinner at a restaurant near to the World Bank ...

The Washington Consensus has been wobbly for some time, challenged by abundant research documenting rising income and wealth inequality and its causes.(REUTERS) Paradigm shifts in mainstream economic ...

A body of economic theory known as the "Washington Consensus" has guided attempts to spur global economic growth for over two decades. This Consensus has largely failed, and contemporary economic ...