Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Statecraft, Welfare, and the Politics of InclusionEconomic constitutionalism and social inclusion: Transforming liberalism

Statecraft, Welfare, and the Politics of Inclusion: Economic constitutionalism and social... [At the beginning of the twenty-first century the neo liberal market model1 that so dominated economic and social policy making during the later decades of the last century is increasingly being called into question. This arises not only from the anti-globalization movements (such as the World Social Forum), but also from the populist politics of elected governments in some of the newly industrializing countries. For example, in Latin America, the election of leaders such as Lula Da Silva of the Brazilian Workers Party, Nestor Kirchner in Argentina, and Hugo Chavez in Venezuela, has, it seems, bucked some of the main tenets of the ‘Washington Consensus’. In East Asia, the election of Thaksin Shinawatra was on a platform that championed a form of Thai nationalism against the austerity policies advocated by the IMF. This would suggest that even on the home turf of the Washington Consensus — the ‘miracle’ economies of East Asia — the neo liberal economic policies that so dominated the 1990s are facing mounting pressures. These trends have been compounded by the development of a raft of policies and programmes that focus on issues such as poverty reduction and social safety nets2 promoted by international financial institutions (IFI), and, especially, the World Bank. These developments would seem to document clearly a growing concern with, and awareness of, the social dimensions of economic development that were absent in the era of the hard-edged neo liberalism of the Washington Consensus.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Statecraft, Welfare, and the Politics of InclusionEconomic constitutionalism and social inclusion: Transforming liberalism

Download PDF
24 pages

Loading next page...
 
/lp/springer-journals/statecraft-welfare-and-the-politics-of-inclusion-economic-3Ax20DFkA8
Publisher
Palgrave Macmillan UK
Copyright
© Palgrave Macmillan, a division of Macmillan Publishers Limited 2006
ISBN
978-1-349-28048-3
Pages
9 –33
DOI
10.1057/9780230503328_2
Publisher site
See Chapter on Publisher Site

Abstract

[At the beginning of the twenty-first century the neo liberal market model1 that so dominated economic and social policy making during the later decades of the last century is increasingly being called into question. This arises not only from the anti-globalization movements (such as the World Social Forum), but also from the populist politics of elected governments in some of the newly industrializing countries. For example, in Latin America, the election of leaders such as Lula Da Silva of the Brazilian Workers Party, Nestor Kirchner in Argentina, and Hugo Chavez in Venezuela, has, it seems, bucked some of the main tenets of the ‘Washington Consensus’. In East Asia, the election of Thaksin Shinawatra was on a platform that championed a form of Thai nationalism against the austerity policies advocated by the IMF. This would suggest that even on the home turf of the Washington Consensus — the ‘miracle’ economies of East Asia — the neo liberal economic policies that so dominated the 1990s are facing mounting pressures. These trends have been compounded by the development of a raft of policies and programmes that focus on issues such as poverty reduction and social safety nets2 promoted by international financial institutions (IFI), and, especially, the World Bank. These developments would seem to document clearly a growing concern with, and awareness of, the social dimensions of economic development that were absent in the era of the hard-edged neo liberalism of the Washington Consensus.]

Published: Nov 9, 2015

Keywords: Social Inclusion; Economic Order; Market Order; Social Market Economy; International Financial Institution

There are no references for this article.