Is the washington consensus actually a consensus, Business Economics

Assignment Help:

Is the Washington Consensus actually a consensus?

The Washington agreement thinking dominates development thinking in the developed world but is challenged through less developed countries as like Zimbabwe and anti globalisation protesters are argue as:

• An economic system is an implication to an end; not an end into itself. The short run costs of economic improvement are not worth and the minimal extensive run impact onto poverty. Markets merely make the rich richer and do not carry sustainable development.

• Free trade is unfair trade and simply advantages rich nations like domestic industries are simply more immature to compete efficiently.


Related Discussions:- Is the washington consensus actually a consensus

What is success effectiveness of multi-national companies, What is the succ...

What is the success effectiveness of multi-national companies (transnationals) in the promotion of development? TNC FDI success into promoting development: • Introduces mode

State intervention approaches for promoting development, Explain the state ...

Explain the state intervention approaches for promoting development. State intervention can result within: • Large bureaucracies staffed through friends and relatives of the

Laws of returns to scale, is indian companies running a risk by not giving ...

is indian companies running a risk by not giving attention to cost cutting?

Business cycle, Analyse the effect of contraction phase to the vulnerable s...

Analyse the effect of contraction phase to the vulnerable society

Why does economic development engage structural change, Why does economic d...

Why does economic development engage structural change? The process of development needs structural change. Usually economies develop by moving resources through agricultural

Firm commitment offering, An underwriter guarantees to increase a fixed amo...

An underwriter guarantees to increase a fixed amount of capital through an initial public offering (IPO).

Types of transaction on the capital account, Types of Transaction on the Ca...

Types of Transaction on the Capital Account are stated below: It is useful to recall the basic types of transactions recorded on the capital account: foreign portfolio investme

What are the predictions of dependency theory, What are the predictions of ...

What are the predictions of dependency theory? The predictions of dependency theory: • DCs exploit LDCs (Less Developed Countries) by extracting their surplus value. Surplu

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd