1. Globalization and Development
... institutions. The balance of power shifted in a direction of more liberal international economic regulation, particularly an expansion in WTO rules to require countries to reduce their tariffs (a policy recommended by neo-liberals). Many countries wanted change but those that didn't found themselves under pressure from a new pro-liberalization political majority and a new intellectual consensus that ... or in their ability to support foreign enterprise (the comprador bourgeoisie). Populations often did not have ambition to become an independent, national capitalist class that would elim...
- Word Count: 7309
- Approx Pages: 29
- Grade Level: Graduate