Non-Fiction Books:

Development Policy in the Twenty-First Century

Beyond the Post-Washington Consensus

Customer rating

Click to share your rating 0 ratings (0.0/5.0 average) Thanks for your vote!

Share this product

Development Policy in the Twenty-First Century
In stock with supplier

The item is brand new and in-stock in with one of our preferred suppliers. The item will ship from the Mighty Ape warehouse within the timeframe shown below.

Usually ships within 2-3 weeks


Delivering to:

Estimated arrival:

  • Around 13-18 February using standard courier delivery


The post-Washington Consensus has succeeded in becoming the new theoretical underpinning for the World Bank's Structural Adjustment policies in developing countries. The weaknesses of its predecessor have thus been addressed, permitting an increased role for the state in economic development, justified by market imperfections, and more attention being paid to the institutional framework within which markets work. Development Policy in the Twenty First Century evaluates this consensus, arguing that the theoretical foundations of market failure deriving from informational asymmetry and transactions costs are too narrow and weak to adequately support the claim that state intervention is necessary for development, and that the consensus fails to analyse the power relations and social stratification of the developing world. It explains that without a much broader political economy it is unlikely to provide a coherent framework for successful development policies. This broad-ranging critique of the post-Washington consensus will be of great interest to those involved in international development issues and students of development studies.
Release date NZ
March 8th, 2001
Edited by Ben Fine Edited by Costas Lapavitsas Edited by Jonathan Pincus
Country of Publication
United Kingdom
6 Tables, black and white
Product ID

Customer reviews

Nobody has reviewed this product yet. You could be the first!

Write a Review

Marketplace listings

There are no Marketplace listings available for this product currently.
Already own it? Create a free listing and pay just 9% commission when it sells!

Sell Yours Here

Help & options

  • If you think we've made a mistake or omitted details, please send us your feedback. Send Feedback
  • If you have a question or problem with this product, visit our Help section. Get Help
  • Seen a lower price for this product elsewhere? We'll do our best to beat it. Request a better price
Filed under...

Buy this and earn 2,925 Banana Points