Beijing Consensus is a term that represents an alternative economic development model to the Washington Consensus of market-friendly policies promoted by the IMF, World Bank and U.S. Treasury, often for guiding reform in developing countries. While there is no precise definition of the Beijing Consensus, although many have laid out plans, the term has evolved into one describing alternative plans for economic development in the underdeveloped world, so-named as China is seen as a potential model for such actions.
Other articles related to "beijing consensus":
... Ramo, Joshua The Beijing Consensus (Foreign Policy Centre, May 2004) Huang, Yasheng, Rethinking the Beijing Consensus (Asia Policy, January 2011) Williamson, John, Is the “Beijing Consensus ...
Famous quotes containing the word consensus:
“Nothing defines the quality of life in a community more clearly than people who regard themselves, or whom the consensus chooses to regard, as mentally unwell.”
—Renata Adler (b. 1938)