The Economic Policies of China, India and the Washington Consensus: An Enlightening Comparison

Wisconsin International Law Journal, Forthcoming

UNSW Law Research Paper No. 2009-22

21 Pages Posted: 17 Jun 2009

See all articles by Ross P. Buckley

Ross P. Buckley

University of New South Wales (UNSW) - UNSW Law & Justice

Date Written: June 4, 2009

Abstract

China and India have each followed different development paths. The policy settings that have provided the context for each country’s development have also differed considerably from each other and from those of the Washington Consensus -- the name for the policies imposed by the International Monetary Fund and the World Bank on countries that require their assistance.

The development paths and policy settings of China and India shine an uncomfortable spotlight on the Washington Consensus policies. The paper concludes that an entirely new approach is needed to the development of poorer nations.

Keywords: Law and Economics, China and India

Suggested Citation

Buckley, Ross P., The Economic Policies of China, India and the Washington Consensus: An Enlightening Comparison (June 4, 2009). Wisconsin International Law Journal, Forthcoming, UNSW Law Research Paper No. 2009-22, Available at SSRN: https://ssrn.com/abstract=1420427

Ross P. Buckley (Contact Author)

University of New South Wales (UNSW) - UNSW Law & Justice ( email )

Sydney, New South Wales 2052
Australia

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