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A set of ten economic policies laid out by John Williamson in 1989 which act as a reform guideline for developing countries in crisis. The Washington Consensus is a controversial framework in part due to its association with [[Market Fundamentalism|market fundamentalism]], which has led to criticism from countries led by left wing governments, including Argentina and Venezuela. The Consensus is also unpopular among anti-[[globalization]] protesters and workers in agriculture, who often rely on subsidies to remain competitive. | A set of ten economic policies laid out by John Williamson in 1989 which act as a reform guideline for developing countries in crisis. The Washington Consensus is a controversial framework in part due to its association with [[Market Fundamentalism|market fundamentalism]], which has led to criticism from countries led by left wing governments, including Argentina and Venezuela. The Consensus is also unpopular among anti-[[globalization]] protesters and workers in agriculture, who often rely on subsidies to remain competitive. | ||
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[[Category:The Cultural Diplomacy Dictionary]] | [[Category:The Cultural Diplomacy Dictionary]] |