What are the benefits of the neoliberal measure

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In this discussion, you are asked to consider whether the neoliberal economic policies driving globalization, and promoted by these international economic institutions and their powerful member states, have been impacting global and domestic equality positively or negatively. The goal is to gain insight into the relationship between neoliberal economic globalization, as directed by these institutions, and global (in)equality.

Consider the pros and cons of ONE concrete neoliberal policy measure* (or term of the "Washington Consensus")

-What are the benefits of the neoliberal measure?

-What are the drawbacks of the neoliberal measure?

-Was the neoliberal measure, for example as part of the "Washington consensus," primarily beneficial or detrimental for creditor developing countries and global equality, and why?Be sure to precisely define key terms like neoliberalism and the specific neoliberal measure you have chosen to examine. Then explain and evaluate the impact(s) the policy had, for example on countries which adopted it, and on global (in)equality. Use specific empirical details and evidence/examples from your readings and online learning materials to demonstrate the impact(s).

Reference no: EM132840959

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