- Open a new thread and address the issue(s) posed below. Your answer should be in the form of a mini-essay .
- Read and respond to at least one of the your other classmates’ posts.
Review the following on Washington Consensus and Industrial Policy:
1. What do you understand by the concepts of Washington consensus and of Industrial policy. In which way do they differ with each other? (500 words).
2.For a developing country seeking industrialization and modernization, which path should they take? Spell out the pros and cons of each approach (500 words).
3.Which policy should your own country follow? Give a recommendation to your king or president. (100 words)