Consensus' Flashcards
1
Q
What is the Washing Consensus?
A
A metaphoric step by step guidelines/idea of how best to govern an economy or state - modeled on American principles of privatisation, and deregulation and tax reform
2
Q
What is the Beijing Consensus?
A
Much more vague, as not endosered by China, but can be seen as indicative of…
- commiment to innovation and experimentation
- rejection of per capita gdp in favour of sustainability and equality
- Self determination
3
Q
Whom coined the ‘Beijing consensus’?
A
Joshua Ramo in 2004
