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The Brussels-Frankfurt-Washington Consensus. Old and New Tradeoffs in Economics

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Abstract

The application of the policies prescribed by the Washington Consensus in developing countries is the subject of a vast literature. What is much less known is that there exist only one pure laboratory experiment implementing the Washington Consensus in the western world: Europe. The aim of this paper is to show that Europe has gone very far in the internalisation of the Washington Consensus; in fact, it has devised constitutionally a form of government that has no choice but to implement it. What appears then clearly is that this attempt was not a success story (...).
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Dates and versions

hal-01065485 , version 1 (18-09-2014)

Identifiers

  • HAL Id : hal-01065485 , version 1
  • SCIENCESPO : 2441/6761

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Jean-Paul Fitoussi, Francesco Saraceno. The Brussels-Frankfurt-Washington Consensus. Old and New Tradeoffs in Economics. 2004. ⟨hal-01065485⟩
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