Vanuatu: The Anti-Crusoe Economy
Daniel Gay
Chapter 6 in Reflexivity and Development Economics, 2009, pp 108-145 from Palgrave Macmillan
Abstract:
Abstract Having discussed various definitions of reflexivity and drawn out some of their implications for the methodology of development economics in the form of a taxonomy, I attempt here to examine these ideas in practice. The idea that theory and practice are linked is central to reflexivity — and reflexivity itself requires practical application. Since the taxonomy is partly based on a critical discussion of the Washington Consensus there is also a need to examine the validity of the Washington Consensus. Vanuatu is a particularly good case study, for if the Consensus is to claim valid universality, it must apply not only to well-known less-developed states, but also to the global periphery.
Keywords: World Trade Organisation; Trade Liberalisation; Structural Adjustment; Computable General Equilibrium; Asian Development Bank (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-25059-8_6
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DOI: 10.1057/9780230250598_6
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