New Developmentalism

On September 29, 2010 a group of development economists primarily from Latin America signed the 10 Theses on New Developmentalism. It was a Keynesian and structuralist reaction after the failure of the Washington Consensus (the neoliberal development dogma)  as well as the unfolding of the global financial crisis. Here are the theses in short (I compressed them – some highlighting also is mine -, for a detailed listing see the link above): Continue reading