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Addressing global development issues : experiences gained and lessons learnt

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posted on 06.12.2017, 00:00 by K Roy, Anita MedhekarAnita Medhekar
The Economic reform agenda formulated in the 1980's by "Washington Consensus" group (The IMF, The World Bank, The US Treasury and John Williamson of Washington Institute) was primarily designed for its implementation in debt ridden Latin American Countries by their leaders to rescue these economies form total economic collapse. However the agenda of "Washington Consensus" spread beyond the shores of Latin America to be eventually embraced by the global community as its agenda for implementation of economic reform measures in both developed and developing countries under the term "Globalisation". The Globalisation agenda was being marketed as a panacea for all economic ailments around the globe. But during the last two decades since the late 1980's the developing countries have gained varied experiences in their efforts to implement the reform agenda prescribed "Globalisation". In the following section we summarise these experiences gained by developing countries and the lessons that can be learnt from these experiences.

Funding

Category 1 - Australian Competitive Grants (this includes ARC, NHMRC)

History

Editor

Roy KC; Medhekar A; Chittoo H

Start Page

217

End Page

227

Number of Pages

11

ISBN-13

9781608768516

Publisher

Nova Science

Place of Publication

Hauppauge, NY

Open Access

No

External Author Affiliations

Faculty of Arts, Business, Informatics and Education; Not affiliated to a Research Institute; University of Queensland;

Era Eligible

Yes

Number of Chapters

16