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Social services

News

The challenge of the New Washington Consensus

15 April 2000

A new briefing examining the Bank’s reassessment of the Washington Consensus and the influence of Stiglitz’s work at the Bank has just been published by the Bretton Woods Project and Public Services International. Written by Brendan Martin, author of In the Public Interest? Privatisation and Public Policy Reform (Zed Books, 1993), it concludes that many of the points raised by Stiglitz are important but represent an attempt to shore up the political and social basis of economic globalisation rather than challenge it.

New Leaf of Fig Leaf, The Challenge of the New Washington Consensus is priced £5.95, but free to NGOs in the South and to journalists. Contact: info@brettonwoodsproject.org .