Herr, Hansjörg - In: European Journal of Economics and Economic Policies: … 15 (2018) 2, pp. 219-237
in developed countries. These successful countries in almost all cases were in Asia and did not follow the free-market … doctrine in the tradition of the Washington Consensus. There must be theoretical explanations as to why underdevelopment is … distorted financial systems, high inequality, and restrictions on macroeconomic demand management are briefly discussed. As most …
