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Is there a new Washington consensus?

For roughly a quarter century after the Cold War, the Washington consensus or neoliberalism guided US foreign economic policymaking.
For roughly a quarter century after the Cold War, the Washington consensus or neoliberalism guided US foreign economic policymaking.
Tuesday 11 February 2025 | 1 hour 24 minutes 55 seconds
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For roughly a quarter century after the Cold War, the Washington consensus or neoliberalism guided US foreign economic policymaking. Today, that market-oriented consensus is in tatters, as Republicans and Democrats alike have shifted toward government intervention, including industrial policy, and away from free trade.

Featured image (used in source code with watermark added): Photo by Michael Judkins via Pexels: https://www.pexels.com/photo/white-concrete-buildinh-1146358/

For roughly a quarter century after the Cold War, the Washington consensus or neoliberalism guided US foreign economic policymaking. Today, that market-oriented consensus is in tatters, as Republicans and Democrats alike have shifted toward government intervention, including industrial policy, and away from free trade.

Featured image (used in source code with watermark added): Photo by Michael Judkins via Pexels: https://www.pexels.com/photo/white-concrete-buildinh-1146358/