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hal.structure.identifierEconomiX [EconomiX]
dc.contributor.authorSINDZINGRE, Alice Nicole
dc.date.issued2015
dc.identifier.issn0736-0932
dc.description.abstractEnWhy is ‘neoliberalism’ still a predominant framework within economics and policymaking? The paper considers the mix of theoretical assumptions, causalities and policies known as the ‘Washington consensus’, focusing on developing countries. Firstly, it analyses their main elements, resilience and effects (the ‘lost decades in spite of policy reform’). Secondly, it examines the reasons of this resilience and argues that a reason is their adaptive capacity via constant exchanges between facts and conceptual assumptions, because this mix is constituted of heterogeneous elements (from neoclassical theory, ad hoc models or empirics-based policymaking): inconsistency is a core feature and as such its correction is irrelevant. These ‘adaptive inconsistencies’ are consolidated by the simultaneous theoretical/policy dimension of the mix. Its cognitive resilience is reinforced by the irrefutability of causations and the cause/effect time lag (‘after current costs, there will be gains’, e.g., growth), and is not challenged by the social costs of policies.
dc.language.isoen
dc.publisherTaylor and Francis Online
dc.subject.enPublic policy
dc.subject.eninternational financial institutions
dc.subject.endeveloping countries
dc.title.enWhatever Inconsistencies and Effects? Explaining the Resilience of the Policy Reforms Applied to Developing Countries
dc.typeArticle de revue
dc.subject.halSciences de l'Homme et Société/Economies et finances
bordeaux.journalForum for Social Economics
bordeaux.journalForum for Social Economics
bordeaux.page159-178
bordeaux.volume44
bordeaux.peerReviewednon
hal.identifierhal-01644136
hal.version1
hal.popularnon
hal.audienceNon spécifiée
hal.origin.linkhttps://hal.archives-ouvertes.fr//hal-01644136v1
bordeaux.COinSctx_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.jtitle=Forum%20for%20Social%20Economics&Forum%20for%20Social%20Economics&rft.date=2015&rft.volume=44&rft.spage=159-178&rft.epage=159-178&rft.eissn=0736-0932&rft.issn=0736-0932&rft.au=SINDZINGRE,%20Alice%20Nicole&rft.genre=article


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