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The Poverty Reduction Strategy Paper of Honduras and the Transformations of Neoliberalism

Bibliographic Data

ID5674675
AuthorsArne Ruckert (0000-0001-5689-0629, University of Ottawa)
Year2010
Volume35
Issue70
Pages113-139
Publication date2010-01-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueCanadian Journal of Latin American and Caribbean Studies / Revue canadienne des études latino-américaines et caraïbes (JOURNAL)
Journal identifiersISSN: 0826-3663 • E-ISSN: 2333-1461
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/08263663.2010.12059262
OpenAlexW2886914919
LanguageEN
References cited15

A decade into the PRSP (Poverty Reduction Strategy Paper) process, this article provides a comprehensive look at the World Bank's development approach and demonstrates that recent changes in development policy have resulted in the emergence of a more inclusively oriented neoliberal development regime. In doing so, the article traces the important “discontinuities within continuity” between structural adjustment policies (SAPs) and PRSPs, and excavates the transformative elements of the Post-Washington Consensus (PWC) and its most visible policy tool, the PRSP. In an attempt to make sense of this discontinuity within continuity, the article draws on and conceptually develops the notion of inclusive neoliberalism, and uses a case study of Honduras’ experience with the PRSP process to empirically substantiate the claims surrounding the transformations of neoliberalism. Inclusive neoliberalism arguably represents a new phase of more socially interventionist and ameliorative forms of neoliberal governance that selectively combine little-modified macroeconomic policies with more interventionist and expansive social policies to attenuate the social impacts of neoliberal reforms and prop up failing market mechanisms

Corporate governance · Development economics · Economic growth · Economic system · Economics · Expansive · Neoliberalism (international relations · Political economy · Political science · Politics · Poverty · Sociology · Structural adjustment · Transformative learning · Washington Consensus · Income, Poverty, and Inequality · Microfinance and Financial Inclusion · Poverty, Education, and Child Welfare · Law

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  • A political analysis of the PRSP initiative

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  • What the World Bank means by poverty reduction, and why it matters

    Paul Cammack•New Political Economy•2004

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    Daniel Craig, David Craig et al.•Review of International Political…•2005

  • Producing Neoliberal Hegemony? a Neo-Gramscian Analysis of the Poverty Reduction Strategy Paper (Prsp) in Nicaragua

    Arne Ruckert•Studies in Political Economy•2007

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    Mia Mouelhi, Arne Ruckert•Canadian Journal of Development…•2007

  • Political Space, Pro-Poor Growth and Poverty Reduction Strategy in Honduras

    Open Access•Jose Cuesta•Journal of Latin American Studies•2007

Citation velocityhistorical
Highly citedNo
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