Discussion
Some claim that Chicago School economists are associated with Washington Consensus, which John Williamson says is "disappointing". A significant body of economists and policy-makers argues that what was wrong with the Washington Consensus as originally formulated by Williamson had less to do with what was included than with what was missing. Economists overwhelmingly agree that the Washington Consensus was incomplete, and that countries in Latin America and elsewhere need to move beyond "first generation" macroeconomic and trade reforms to a stronger focus on productivity-boosting reforms and direct programs to support the poor.
Read more about this topic: Chicago School (economics)
Famous quotes containing the word discussion:
“If the abstract rights of man will bear discussion and explanation, those of women, by a parity of reasoning, will not shrink from the same test: though a different opinion prevails in this country.”
—Mary Wollstonecraft (1759–1797)
“We should seek by all means in our power to avoid war, by analysing possible causes, by trying to remove them, by discussion in a spirit of collaboration and good will. I cannot believe that such a programme would be rejected by the people of this country, even if it does mean the establishment of personal contact with the dictators.”
—Neville Chamberlain (1869–1940)