The London Consensus: Economic Principles for the 21st Century

A generation ago, the so-called Washington Consensus laid out a series of do’s and don’ts for policymakers around the world. Despite its influence, the Washington Consensus has been widely criticised, both in terms of its approach and scope. It remains much harder to identify a set of new ideas – and policies – that will solve today’s seemingly intractable global problems. This event launches the publication of a new book that attempts to foster dialogue around the urgent political, social and economic tasks ahead. The “The London Consensus: Economic Principle for the 21st Century” brings together the insights of over 50 of the world’s leading economists and policy experts to discuss the best available evidence and ideas emerged since the original Washington Consensus.

Meet our speakers and chair

Hélène Rey (@helene_rey) is the Lord Bagri Professor of Economics at London Business School. Until 2007, she was at Princeton University, as Professor of Economics and International Affairs in the Economics Department and the Woodrow Wilson School. She was elected President of the European Economic Association in 2022.

Martin Sandbu is the Financial Times's European economics commentator. He also writes Free Lunch, the FT's newsletter on the global economic policy debate. He has been writing for the FT since 2009, when he joined the paper as economics leader writer. Before joining the FT, he worked in academia and policy consulting. He is the author of three books, on business ethics, the euro, and on the economics of belonging.

Andrés Velasco (@AndresVelasco) is Professor of Public Policy and Dean of the School of Public Policy at LSE. In 2017-19 he was a member of the G20 Eminent Persons Group. During 2015-16 he co-chaired the Global Panel on the Future of the Multilateral Lending Institutions. In 2013-16 he was a member of the Global Oceans Commission.

Silvana Tenreyro is Professor of Economics at LSE, Fellow of the British Academy and Fellow of the Econometric Society. She is a former External Member of the Bank of England’s Monetary Policy Committee, and former President of the European Economic Association (EEA). Currently, she serves as Director of the CEPR International Finance and Macroeconomics Programme and as a member of the External Advisory Group of the IMF.

More about this event

For more information on the London consensus project, see: https://www.lse.ac.uk/school-of-public-policy/Research/London-Consensus

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