The term "Washington Consensus," as John Williamson, the father of the term conceived it, in 1989, was a set of reforms for economic development that he judged the international financial organizations could agree were required in Latin America. Meanwhile, the Washington Consensus received a...

Post Keynesian economic analysis recommended a different reform program for transition economies than the orthodox model in the form of shock therapy implemented and imposed by the Washington consensus. In contrast to the dominant view, Post Keynesians recommended gradual price liberalization,...

Recognizing that uncertainty plays an important role in decision making, it necessarily follows that the effects of the current devastating drought have significantly influenced the operations of primary producers and strongly impacted upon agricultural investment in Australia. The lack of water...