CRM/LAW C7 Chapter Notes - Chapter 13: Millennium Development Goals, Washington Consensus, Global Governance
26 May 2016
School
Department
Course
Professor
Document Summary
The worldwide promotion of neoliberal economic policies (washington consensus) by global governance institutions has been accompanied by increasing inequalities within and among states: washington consensus. Belief of key opinion formers in washington that global welfare would be maximized by the universal application of neoliberal economic policies that favor a minimalist state and an enhanced role for the market: global governance. Regulation and coordination of transnational issue areas by nation-states, international and regional organization, and private agencies through the establishment of international regimes: these regimes may focus on problem solving or the simple enforcement of rules. Developing world is characterized by rising social inequalities: have been forced to adopt free market policies as a condition of debt. Values a particular body of developmental knowledge: critical alternative approach. Incorporates other more marginalized understandings of the development challenge and process. A situation suffered by people who do not have the money to buy food and satisfy their basic.
