The Washington Consensus codified a ten-policy neoliberal agenda in 1989.

Evidence

The Washington Consensus was a list of ten “must do” policies authored by development economist John Williamson in 1989. The full list was fiscal discipline, reordering public expenditure priorities, tax reform, liberalizing interest rates, (maintaining) a competitive exchange rate, liberalizing trade and foreign direct investment (FDI), privatization, and deregulation. They were intended to capture “the extent to which the old ideas of development economics … were being swept aside.” — Mark Blyth, Austerity, 433

Categorization

• XREF: Directly connects to Mattei and the austerity literature; this is foundational attribution of the Washington Consensus’s authorship and content. — connects to: The Washington Consensus misrepresented actual practice of OECD states. — Mark Blyth, Austerity: The History of a Dangerous…, 435; The Washington Consensus caricatures neoliberalism as a fixed policy recipe — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 160; The Washington Consensus package is often conflated with neoliberalism by outsiders — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 90 (+1 more)
• DEFINE: Defines the exact ten-policy content of the Washington Consensus.
• ADDENDUM: Supports the austerity critique central to this library’s reading purpose alongside Mattei.

Broader Connections

• The Washington Consensus caricatures neoliberalism as a fixed policy recipe #qualifies (0.80) — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 160
• Williamson reframed the Washington Consensus as core economic science rather than OECD practice #expands (0.80)
• The Washington Consensus package is often conflated with neoliberalism by outsiders #responds-to (0.75) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 90