Fads and fashion in economic reforms: Washington Consensus or Washington Confusion?

By M. Naím. 2000

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Economic Sociologies in Space (2005, background): “…seems increasingly to be preoccupied by, if not mired in, the management of its “own” contradictions, since institutional flanking mechanisms are repeatedly invoked as a means of supplementing and sustaining flawed programs of marketization and “deregulation” (see Naim 2000; Peck and Tickell 2002).”
Poverty Reduction Strategy Papers: A New Convergence (2003, background): “…Consensus existed before Williamson's presentation, it has since then "acquired a life of its own, becoming a brand known worldwide and used quite independently of its original intent, and even of its content" (Naim, 1999, 1) reified both by critics (Stiglitz, 1998, 1999, 2000) and in policy.”