Is there a new Washington consensus?

LSE: Public lectures and events - A podcast by London School of Economics and Political Science

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Contributor(s): Professor Stephanie J. Rickard, Professor Andrés Velasco, Professor Robert Wade | For roughly a quarter century after the Cold War, the Washington consensus or neoliberalism guided US foreign economic policymaking. Today, that market-oriented consensus is in tatters, as Republicans and Democrats alike have shifted toward government intervention, including industrial policy, and away from free trade.