Neoliberalism

Neoliberalism - southern countries cant pay their loans we...

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Neoliberalism 13:41 Understanding Neoliberalism History-ies Ideology A mode of Governance: –Washington Consensus A policy package: SAPs Milton Friedman-founding father of these ideas  Historicizing or. .how did this change occur? From Bretton Woods to Structural Adjustment, to… Historical Development 1971 we go to complete fiat currency. No more money-gold ratio 1973: Global Recession OPEC oil crisis End of Gold Standard 1980s Latin American Debt Crisis 1982 Mexico Defaults on Loans
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Unformatted text preview: southern countries cant pay their loans we were trying to get the developing world from the communist world IMF acted like a bank, but in 1982 they stepped in to help Mexico 1985/86 Baker Plan: Structural Adjustment monetary austerity the printing of money fiscal austerity the spending of government privatization things that were public are forced to become private financial liberalization DLP 13:41 13:41...
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This note was uploaded on 02/28/2012 for the course INTS 210 taught by Professor Weiler during the Fall '07 term at UNC.

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Neoliberalism - southern countries cant pay their loans we...

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