Santiago Consensus Santiago Consensus is also an alternative to Washington Consensus. The term Santiago Consensus was given by then World Bank Group President D. Wolfensohn in Santiago for the developing countries. The main view of Santiago Consensus: The main idea of the Santiago model is “inclusion” which should be both economic as well as social. Though it is a socio-economic development model and it is bound to have its local characteristics. This way, it looks similar to the Beijing Consensus which also includes social overtones. In addition to financial resources,…
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