Berr, Eric; Combarnous, François; Rougier, Eric - Groupe d'Economie du Développement de l'Université … - 2005
In this paper, we construct a unique quantitative measure of the depth and pace of all aspects of IFI programs — the Washington consensus index (WCI), and we investigate their whole impact on economic growth. Two main conclusions emerge. Firstly, among observed countries, those who come up to...