The University of Southampton
University of Southampton Institutional Repository

Beyond the Washington consensus? Asia and Latin America in search of more autonomous development

Grugel, Jean, Riggirozzi, Pia and Thirkell-White, Ben (2008) Beyond the Washington consensus? Asia and Latin America in search of more autonomous development International Affairs, 84, (3), pp. 499-517. (doi:10.1111/j.1468-2346.2008.00720.x).

Record type: Article


International economic power (the ability to shape rules of global economic conduct) needs to be understood in terms of the interactions between rule-makers and rule-takers in the global economy. Attempts to reshape development paradigms through interventions during financial crisis have been highly significant for the domestic political economy of the developing world. In the 1980s and early 1990s, the primary question was how much countries would liberalize in response to financial crisis. Reactions to the crises of the late 1990s in Asia and Latin America were more varied. This article explores domestic political responses to crises in both regions in the 1980s and late 1990s. It argues that countries are finding it increasingly difficult to trump domestic political pressure for change with arguments about technocratic necessity. Popular pressure is pushing governments into new experiments in economic nationalism, not a radical rejection of global economic integration, but a reshaping of relationships in an attempt to secure national interests and, in some cases, to devote more resources to welfare. Experiments to date are modest, but could presage more significant change in the future.

PDF Grugel_Riggirozzi_and_Thirkell_White_IA_2008.pdf - Other
Download (571kB)

More information

Published date: 2008


Local EPrints ID: 185251
ISSN: 0020-5850
PURE UUID: 03c30f7c-ac18-4f16-972e-75f1d057ff27

Catalogue record

Date deposited: 10 May 2011 15:39
Last modified: 18 Jul 2017 11:49

Export record



Author: Jean Grugel
Author: Pia Riggirozzi
Author: Ben Thirkell-White

University divisions

Download statistics

Downloads from ePrints over the past year. Other digital versions may also be available to download e.g. from the publisher's website.

View more statistics

Atom RSS 1.0 RSS 2.0

Contact ePrints Soton:

ePrints Soton supports OAI 2.0 with a base URL of

This repository has been built using EPrints software, developed at the University of Southampton, but available to everyone to use.

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive cookies on the University of Southampton website.