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Paradigm and nexus

Neoclassical economics and the growth imperative in the World Bank, 1948–2000

Datos Bibliográficos

ID12316725
AutoresBentley B Allan (0000-0002-6364-7966, Johns Hopkins University, autor de correspondencia)
Año2019
Volumen26
Número1
Páginas183-206
Fecha de publicación2019-01-02
Peer ReviewedSí
Open AccessNo
TipoARTICLE
RevistaReview of International Political Economy (JOURNAL)
Identificadores de la revistaISSN: 0969-2290 • E-ISSN: 1466-4526
EditorialRoutledge (PUBLISHER • GB)
DOI10.1080/09692290.2018.1543719
OpenAlexW2908699206
IdiomaEN
Citas recibidas12
Referencias citadas71

The story of post-Second World War international political economy is often told as a series of paradigm shifts: from Keynesianism to neoliberalism to the post-Washington Consensus. This article argues that the paradigm story struggles to explain both continuity and change in postwar development policy in the World Bank. First, throughout the postwar era, the Bank remained oriented to neoclassical growth. Second, despite the continued focus on growth, the Bank agenda also changed in incremental ways that did not amount to a paradigm shift. This article builds on previous critiques of the paradigm concept to propose the concept of a ‘policy nexus’. I use this theoretical approach to argue that postwar Bank policy was structured by a series of nexuses constituted by shifting configurations of actors, knowledge, anchoring devices, institutional rules and political imperatives. I theorize the formation, reproduction and reconfiguration of nexuses by articulating the complementarities and tensions that stabilize and destabilize them

Economic system · Economics · Epistemology · International political economy · Neoclassical economics · Neoliberalism (international relations · Nexus (standard · Paradigm shift · Political economy · Political science · Politics · Positive economics · Sociology · Washington Consensus · International Development and Aid · Law · Social Policy and Reform Studies · State Capitalism and Financial Governance

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Obras citantes distintas12
Citas por año1,71
Intervalo de citas2019 - 2026 (8)
Velocidad de citacióncurrent
Altamente citadoNo
Tipos de citaNeutras: 12
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