POLSCI 2J03 Lecture Notes - North American Free Trade Agreement, European Central Bank, Developing Country
24 Feb 2014
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Document Summary
Washington consensus set of conditions under the imf. Text book: section in the chapter of the global financial system, and in the ideas part. View that was dominant in washington (us. Treasury department, imf and world of the book. Needed to open up their own domestic markets. Needed to get their budgets under control, stop running deficits and surpluses. Countries needed to abandon previous strategies and needed to integrate their economies even more in the global economy. Following a set of liberal policies that would let them service their debt. Triumph of neoclassical economics e. g. mexico and nafta. Up until the 1980s there were views about the best kind of development. When the debt crisis breaks out (power relationships between debtors and monetary fund) forces developing countries to shift to a more development / Lecture started on: 2014-02-24 at 09:59 liberal strategy. Education of mexican finance officials and economists in the united states.
