Carl J. Schramm
Essay
May/June
2010
Washington’s approach to rebuilding economies devastated by conflicts and natural disasters is flawed. It assumes that strong economies cannot emerge in poor countries when it should be encouraging U.S.-style entrepreneurism and allow the U.S. military to help.
Capsule Review
Sep/Oct
2007
Essay
Jul/Aug
2004
The "Washington consensus" approach to development -- which urges other countries to emulate American capitalism -- misses one vital ingredient: the role that entrepreneurs play. Jump-starting growth in the developing world will require an understanding of the American entrepreneurial system, which involves four sectors of the economy.
