Abstract
According to various international statistics, poverty reduction has been a success so far. However, a deeper look into the data reveals doubts about this optimistic view. It leads to the question of whether the dominant development agenda, the Washington Consensus, is able to effectively tackle the problem of poverty. The key elements of the Washington Consensus such as privatization of state-owned enterprises, trade and financial liberalization, and restrictive fiscal policies, are introduced in this chapter.
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Oberholzer, B. (2022). Are Current Policies on Track to Eliminate Poverty?. In: Fighting Global Poverty. SpringerBriefs in Economics. Springer, Wiesbaden. https://doi.org/10.1007/978-3-658-36631-5_2
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DOI: https://doi.org/10.1007/978-3-658-36631-5_2
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