Introduction: The End of Panaceas; from the Postwar Consensus to the Post-Washington Consensus

Daniel Chudnovsky and Andrés López

Chapter Chapter 1 in The Elusive Quest for Growth in Argentina, 2007, pp 1-16 from Palgrave Macmillan

Abstract: Abstract The early Postwar Development Consensus (PWDC) was based on a few theoretical contributions (like Rosenstein-Rodan, 1943 on the “Big Push”)1 and mostly on “big ideas,” like the government being the driving force behind development and the importance of capital accumulation. This was stressed by authors such as Nurkse (1952) and Lindauer and Pritchett (2002).

Keywords: Foreign Direct Investment; Gross Domestic Product; International Monetary Fund; Latin American Country; Environmental Kuznets Curve (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-60427-8_1

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DOI: 10.1057/9780230604278_1

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