Read all posts for ‘Consenso de Washington’

Abstract During the 90’s, Bolivia’s economic policies were driven by the principles of the Washington Consensus which had privatization of state-owned companies as one of its core principles. Multiple companies were nationalized and they produced very poor results as the private owners not only failed to deliver their promises but […]

Abstract: It is hard to tell if government spending cuts and austerity measures are good or bad to deal with deficits and financial crisis. In Colombia, the tendency to reduce public spending has affected sensitive sectors like education and health. This is far from being unnoticed, there have been lots […]