Is the Washington Consensus Dead?: Growth, Openness, and the Great Liberalization, 1970s-2000s
Peer Reviewed
Date issued
November 2009
Subject
Trade Agreement;
Integration and Trade;
Globalization and Regionalization
Category
Working Papers
According to the Washington Consensus, developing countries' growth would benefit from a reduction in tariffs and other barriers to trade. But a backlash against this view now suggests that trade policies have little or no impact on growth.
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