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Accepted Paper:
Neoliberalism, Governance and the Washington Consensus: Empirics and Principles
Michael Tribe (University of Glasgow)
Paper short abstract:
Burnside and Dollar (2000) focussed on the importance of the 'policy environment' for good economic performance. This paper will critically review empirical measures of governance in the context of the principles of 'neoliberalism' and of the Washington Consensus.
Paper long abstract:
Since the early 2000s there have been an increasing number of indicators available which relate to the 'measurement' of good governance, and these are widely used as a basis for policy decisions including allocation of Official Development Assistance to recipient developing countries.
Some Governance Indicators will be critically compared with the principles of the Washington Consensus and of Neoliberalism in order to assess the extent to which the indicators have implicitly adopted these principles. Particular attention will be given to the establishment of a working definition of Neoliberalism, and to a comparison between these principles and the content of Rodrik's (2006) 'augmented Washington Consensus'.
Published values for some of the indicators will be compared for countries with contrasting experiences, particularly focussing on sub-Saharan Africa but also extending the comparison to a number of developed and developing countries from other continents.
Neo-liberal approaches in developing countries: perspectives and critical evaluations [DSA Scotland SG]
Session 1