The general form of development aid to the global south is distributed as "normative package". A standard package is a "universal" development model for developing countries such as structural adjustment plan (SAP), national reform, TVA dam and natural use, or promotion of green revolution and agricultural modernization. Words often bring disastrous results, regardless of local circumstances. In the absence of changes in the situation of the community, the participation of local people and their cooperation, in many cases good development of goodwill will be wasted or worsened.
The prescription of a series of specific economic policies that are regarded as "standard" reform programs like the International Monetary Fund (IMF), the World Bank and the US Treasury in the 1980s and 1990s is regulated by Washington, DC agencies I will. In recent years, several countries in Latin America, mainly socialism and other left-wing government (including Argentina and Venezuela), are implementing (and to some extent adopting) policies that violate the "Washington agreement" policy. (Other Latin countries of the left government including Brazil, Chile and Peru actually adopt most policies in practice.)
The term "Washington Consensus" was created by the British economist, John Williamson in 1989, and it is believed to constitute an organization of Washington, DC, which was devastated by the crisis, and 10 relatively specific It is a prescription of economic policy. "Standard" reform program promoted by developing countries. As the International Monetary Fund (IMF), the World Bank and the US Treasury Department. The prescription includes policies in the field of macroeconomic stability, open trade and investment economy, and market dominance expansion in the domestic economy.
Economic prescription and religious prescription are closely related and will be debated at the same time. Economic prescription allows classification that seems to be unfair in one country. In modern society it is not a secret that while the majority of the population suffers from the economic disadvantage that affects daily life, it is enjoying that smaller, richer populations combine richness and fruit . Because of this difference in quality of life, economically unhappy people need to seek and accept a more satisfying life. Economically unfortunate rapid transition to accepting seemingly unfair life events: rapidly failing to seek health advice due to debt, long or abnormal working hours, and currency reasons Became