Main Page | See live article | Alphabetical index The Washington consensus were a set of policies designed in the early 1990's which were believed to be the formula for promoting economic growth in the developing world. These policies called for free trade, fiscal austerity, and reduced government intervention in the economy. This consensus was shakened in the early 2000's, primarily by Argentina which underwent economic problems despite following the consensus. This article is from Wikipedia. All text is available under the terms of the GNU Free Documentation License.