Introduction

Jomo Kwame Sundaram, Anis Chowdhury

    Research output: Chapter in Book / Conference PaperChapter

    Abstract

    The successful counterrevolution against development economics (Toye 1987) that began in the 1970s and culminated in the 1980s with the ascendance of the Washington Consensus (e.g. Kapur, Lewis and Webb 1997; Williamson 1990), significantly transformed the discourse on economic development. The counterrevolution later appropriated the cause of poverty reduction and invoked it to justify its own liberalization reforms involving macroeconomic stabilization (for an alternative perspective, see Stiglitz, et al. 2006) as well as microeconomic market liberalization reforms associated with structural adjustment.
    Original languageEnglish
    Title of host publicationPoor Poverty: The Impoverishnment of Analysis, Measurements and Analysis
    EditorsKwame Sundaram Jomo, Anis Chowdhury
    Place of PublicationU.K.
    PublisherBloomsbury Academic
    Pages1-9
    Number of pages9
    ISBN (Electronic)9781849664516
    ISBN (Print)9781849664172
    Publication statusPublished - 2011

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