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The Washington Consensus is dead! Long live the meta-narrative!

Working papers

Written by Simon Maxwell

The Washington Consensus has been replaced by a new and improved orthodoxy, called here the 'meta-narrative'. It emphasises the Millennium Development Goals as an over-arching framework, and lays out the link between the MDGs, nationally owned poverty reduction strategies, macro-economic policy (including trade), effective public expenditure management, and harmonised aid in support of good governance and good policies.

Simon Maxwell