DVM 1100 Lecture 5: Chapter 5 DVM

• School: University of Ottawa
• Department: International Development and Globalization
• Course: DVM 1100
• Professor: Mahmoud Masaeli

Document Summary

Four stages of neoliberalism: 1st stage: mid 19th century to ww2, 2nd stage: hayek and mount perelin society, 3rd stage: 1970-1980, 4th stage: 1889 washington consensus. The goal is to do business for pro ts. In this presentation of neoliberalism, by the works of politicians, neoliberal thinkers are more political and form new perspective (neo-conservatism) This new type of neoliberalism suggests that the new world, everything must be determined by the freedom of the. Liberal inverse fully in freedom, conservatives favour existence of involvement of state it"s strange that neoliberalism and conservatism came together because they want to preserve capitalism. Neoliberal proposal for development: privatization of public enterprises. Monetarist measures to keep in ation in check, even at the risk of increasing. Reduction of public expenditures, particularly social spending. Removal of the controls on global nance ows: must follow these policies, common policy, lead by politicians, suggested that only pathway for development was to follow these steps, 1979-1980.