It takes the average reader and 22 minutes to read Policy Complementarities and the Washington Consensus by Mr. Jahangir Aziz
Assuming a reading speed of 250 words per minute. Learn more
While economists continue to debate whether particular economic policies, such as those referred to in Willliamson’s (1993) “Washington Consensus,” can spur growth in developing countries, this paper demonstrates that it is combinations of policies that are more critical for growth. Policy complementarity refers to the mutually reinforcing benefits of policies that create an environment that is conducive to investment and growth. Quantitative measures of policy complementarity are developed, and the study shows empirically, through both an outcomes-based probability framework and a standard regression analysis, that these complementarities are significant and robust in explaining growth outcomes over the period 1985–95.
Policy Complementarities and the Washington Consensus by Mr. Jahangir Aziz is 22 pages long, and a total of 5,544 words.
This makes it 7% the length of the average book. It also has 7% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 30 minutes to read Policy Complementarities and the Washington Consensus aloud.
Policy Complementarities and the Washington Consensus is suitable for students ages 8 and up.
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