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From Washington Consensus to Lisbon Agenda: What Lessons for Economic Models in Romania?

Author

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  • Valentin Cojanu

    (Academy of Economic Studies, Bucharest, Romania)

Abstract

The path from command to market economics in Romania has been marked by two decisive conceptual clarifications at international scale, from the 1989 Washington Consensus to the 2000 Lisbon Agenda. In both cases, it was about a "how-to" policy list supposedly conducive to better economic performance. Prescriptions from both lists were integrated in national programmes, but doubts still persist as to the configuration of the right policy measures. This material discusses the context and practical implications of the two theoretical models.

Suggested Citation

  • Valentin Cojanu, 2007. "From Washington Consensus to Lisbon Agenda: What Lessons for Economic Models in Romania?," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 10(26), pages 31-42, December.
    • Handle: RePEc:rej:journl:v:10:y:2007:i:26:p:31-42
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