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24 May A post-Washington Consensus World?
The “Washington Consensus,” identified as such in 1989 by the free-market economist John Williamson, is often seen as being synonymous with neoliberalism. The term describes a set of ten relatively specific economic policy recommendations that were designed to help developing nations. They articulated the views...
23 May The rise of the managers of market cooperation
The Bretton Woods Conference framers constructed three international institutions that formed the backbone of the global economic system. British economist John Maynard Keynes and the leader of the US delegation, Harry D. White, were the key contributors. Keynes led the effort to form an independent...