SOSC 1430 Lecture Notes - Lecture 14: International Financial Institutions, Neoliberalism, Mercantilism
3 Oct 2016
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Liberalism, the welfare state, neoliberalism, neoliberalism and globalization. Context for where neoliberal policies come from. Need a strong grasp of this for third paper. Can be seen as latest phase in the development of capitalism. Earlier, we looked at the origins; now, fast-forward to contemporary. Globalization - technology yes, but primary an economic and socio-cultural phenomenon linked to rise of capitalism worldwide. Imf/wb, some policies they have been pursuing in the third world. Connect to current phase on capitalist development. Taylor - the role of international financial institutions. Given rise to a new set of economic development policies. Tailored to further advance unfolding of corporate-led globalization. More than an economic doctrine and set of policies. Offers a vision of society, and of individuals living in it. Neoliberalism has become mainstream - policies have been adopted by advanced economies and developing economies. Most accepted, implemented consensus worldwide, widely accepted by governments and international development institutions.
