SOSC 1430 Study Guide - Final Guide: International Monetary Fund, Official Development Assistance, Free Trade
9 Apr 2016
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Final test study guide and exam sosc 1430/39 9. 0 - introduction to ids. Neo-liberalism & liberalism (define, main features, compare & contrast) Commonly found in markets as a means of making decisions in terms of efficient resource allocation and trade and investments flow across borders, are optimized when there are as few restrictions as possible. Neo - new policies and indicates that some mainstream economists recognized that there are certain market failures that must be addressed. The rich get richer and the poor get poorer. Mostly accepted, implemented as a consensus worldwide. Accepted by governments and international government institutions. More harm than good for developing countries/ nations. Neoliberal though hegemonic , almost common sense went unchallenged for many years. Target of grassroots social movements because of experimentation. A theory that proposes that human well-being can be advanced by liberating individual entrepreneurial freedoms and skills within an institutional framework characterized by strong private property rights, free markets, and free trade.
