POLSCI 3B03 Lecture Notes - Washington Consensus, Free Trade, Premiership Of Stephen Harper
Document Summary
Short answers (will be asked to answer 4 out of 8 questions) 20 marks. Essay question (2 out of 4 choices for essay questions) 80 marks. Generally, they were labeled the policies of the washington consensus . These policies included: limiting budget deficits, removing subsidies on food and fuel, tax reforms, financial liberalization, trade liberalization, reducing barriers to fdi, privatization, deregulation, respect intellectual property rights, limit the role of the state. Growth in importance of economic agencies most notably central banks, ministries of finance, etc. These central agencies meet with each other in international conferences. International organizations such as the world bank, imf and oecd etc. Globalization there has been a converge of institutions and a convergence of policies around the world. There s been pressure on the state to retreat; so there has been pressure of countries around the world (including the developmental state) to converge around particular kinds of policies (neo-liberal policies).