1. Globalization and Development
... responses, particularly the current stance of the IMF and World Bank, a set of Marxist-inspired radical responses and a set of strategic political possibilities. The Mainstream Response and a Post-Washington Consensus In retrospect even the Bretton Woods institutions acknowledge that 1980s neoliberalism paid too little attention to the role of governments in promoting development. By the mid-1990s, official development ... policy was shifting towards a so-called post Washington consensus that paid more attention to reforming state institutions as well as simply letting markets work. The...
- Word Count: 7309
- Approx Pages: 29
- Grade Level: Graduate