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> Highlights Sustained economic reform significantly raises real GDP per capita over a 5- to 10-year horizon. > Despite the unpopularity of the Washington Cons
by barry-cotter 6y ago
> Highlights
Sustained economic reform significantly raises real GDP per capita over a 5- to 10-year horizon.
> Despite the unpopularity of the Washington Consensus, its policies reliably raise average incomes.
> Countries that had sustained reform were 16% richer 10 years later.