ÈÍÒÅËÐÎÑ > ¹49, 2010 > THE ‘WASHINGTON CONSENSUS’ IS NOT QUITE OBSOLETE JUST YET Evgeny Yasin
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Endless talks about the ‘Washington Consensus’ occurred in response to the many difficulties connected with transformation of the Russian economy and society. This idea was also supplemented on the back of crisis events in the West. The principles which were embodied in its original inception seemed to becoming obsolete and there was a need to replace them.
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