Is the Washington Consensus a Good Idea?

economists have not quite mated te full throated defence of washington consensus. The idea that you can create synthetic countries, or fictitious countries, whom who would have chosen different policy trajectories than the ones they have. And we found an example of nicaragua. We had a look with with carolina alvez and Ingles van graven. They argue that nicaraga would have done better had it adopted washington consensus policies during the 19 eighties.