Some Thoughts on the Washington Consensus and Subsequent Global Development Experience
讨论华盛顿共识的起源及其在各国发展经验中的启示，认为若正确解读为制定国别战略的指南，它经得起时间考验，但后续经验尤其是亚洲经验表明需调整重点，并指出其因缺乏明确发展模型而易被误用。
This paper discusses the Washington Consensus, its origins, and its insights in terms of subsequent development experience in a broad range of countries. I continue to find that when properly interpreted as a guide to the formulation of country-specific development strategies, the Washington Consensus has withstood the test of time quite well. In my view, subsequent experience, especially in Asia, reveals a number of places where a shift in emphasis would be warranted. Finally, I try to identify some misuses of the Washington Consensus and suggest that it was vulnerable to misuse due to the absence of an accompanying and explicit development model.