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Washington Consensus

Reimagining Financial Capitalism: Promoting Socially-Responsible Investment in Cuba

Jose Gabilondo | Posted 10.21.2016 | World
Jose Gabilondo

For over half a century, Cuba has resisted its good neighbor to the North. Will Cuba maintain this tradition of self-determination while playing a bigger role in a global financial market? Letting foreign investors repatriate profits while safeguarding the island's sovereign prerogatives is part of the answer.

Why the Trans-Pacific Partnership Is Bad for Workers, and for Democracy

Heather Gautney | Posted 01.23.2017 | Politics
Heather Gautney

Over the past few months, protests have erupted in the halls of the U.S. Capital, and in the streets outside, to thwart the passing of the Trans-Pacific Partnership (TPP)--a boon to corporate interests, the protesters argue, and an anathema to U.S workers.

Outing the Deep State

Robert Koehler | Posted 05.06.2014 | Politics
Robert Koehler

Can we actually build a world that isn't run by its shadow interests? And what is this going to take? Can good will and big principles stand up to Wall Street and the Washington consensus?

Will Correa Assume Chavez's Role Leading Latin American Socialism?

Daniel Wagner | Posted 03.05.2013 | World
Daniel Wagner

With Hugo Chavez having now passed, the question of who will inherit his legacy as the vanguard of 21st century socialism in Latin America is foremost in the minds of many.

Blocking a Bad Idea That Enriches the Rich: Peterson, Austerity and the Washington Consensus

William K. Black | Posted 03.19.2013 | Business
William K. Black

Austerity is the leading cause of the election of national leaders who promise that if elected they will stop "submitting" to creditors' demands that they inflict austerity on their people.

The Geopolitics of Compassion

Robert Koehler | Posted 09.18.2012 | Politics
Robert Koehler

Beyond the spectacle of the presidential race, the Washington consensus pursues business as usual. This is the season in which I wonder, with an ever-intensifying sense of urgency, what it would take to turn our political system into a democracy.

Waiting for Copernicus

John Feffer | Posted 07.08.2012 | World
John Feffer

It's happening in Buenos Aires. It's happening in Paris and in Athens. It's even happening at the World Bank headquarters. The global economy is finally shifting away from the model that prevailed for the last three decades.

The Future of Macroeconomic Policy: Nine Tentative Conclusions

Olivier Blanchard | Posted 05.25.2011 | Business
Olivier Blanchard

We've entered a brave new world in the wake of the crisis; a very different world in terms of policy making and we just have to accept it.

"Ripples of Hope" in Egypt

Joseph A. Palermo | Posted 05.25.2011 | World
Joseph A. Palermo

Democracy is breaking out in Tunisia and Egypt not because of U.S. actions in the Middle East, but despite them.

Global Grain Reserves Are Key to Food Security

Katherine Gustafson | Posted 05.25.2011 | Home
Katherine Gustafson

It's high time we recognize that the wisdom about food security we've learned over millennia will serve us better than economic theories that weigh the value of food against immediate profit instead of against potential eventual starvation.

The Majority of the World's Countries Can Change the IMF

Mark Weisbrot | Posted 05.25.2011 | World
Mark Weisbrot

As finance ministers, bankers, and other interested parties from around the world flock to Washington for the semi-annual IMF-World Bank meetings, the...

Unemployment: The New "Washington Consensus"

Jeff Faux | Posted 05.25.2011 | Business
Jeff Faux

After several decades of failure, the Washington Consensus is now widely discredited around the world. But in Washington, it's back in fashion.

Cheney is Dead Wrong: Obama's Fundamental Reset of American Foreign Policy Will Make America Safer and More Prosperous

Robert Creamer | Posted 05.25.2011 | Politics
Robert Creamer

Obama's recent trips to the G-20 and the Summit of the Americas have underscored his fundamental realignment of American foreign policy.