We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Why And How Was Neo-Liberalism Able To Establish Itself As The Dominant Paradigm In The 1980s - Essay Example

Comments (0)
Summary
By the start of 1980s, currents of change were detected in the global economic order, with nationalism and protectionism being replaced by neo-liberalism and free flow of capital…
Download full paper
GRAB THE BEST PAPER
Why And How Was Neo-Liberalism Able To Establish Itself As The Dominant Paradigm In The 1980s
Read TextPreview

Extract of sample
Why And How Was Neo-Liberalism Able To Establish Itself As The Dominant Paradigm In The 1980s

Download file to see previous pages... (Tyvela, 2004, p.156) Even Communist China was at the forefront of the global neo-liberal program, making it only a matter of time before other countries joined the system. And this is precisely what had happened in the 1980s and continues to this day. With the collapse of the Soviet Union in the late 1980s and the shift in policy framework of several developing countries, the nature and complexion of geo-economics had taken a different form. Major financial institutions such as International Monetary Fund (IMF), the World Bank and the Inter- American Development Bank were the chief promoters of the neoliberal project. The neoliberal system also possessed some inherently democratic values such as the emphasis on free-trade and offered equal economic opportunity for those who are enterprising. This made it easy for many fledgling and aspiring democratic countries in the developing world to adopt the system. Moreover, the prospect of creating prosperity and the potential for lifting standards of living convinced politicians to take this approach. Nothing exemplifies the merits of neoliberalism than the recent developments in India and China. Since they started to participate in financial globalization, countries with abundance of cheap labour such as India and China are destined to assume leadership position in coming years. (Foulkes, 2006, p.22) ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Neo-Liberalism. How is it Related to Free Market Fundamentalism
When asked about economic ideologies, most university students will answer with Neo-Liberalism. This can be attributed to the fact that for those born in the 90’s there is no other alternative. Such was not always the case. But before going into the history of this movement, let us first define Neo-Liberalism.
10 Pages(2500 words)Essay
How well is neo-functionalism still able to account for the evolution of the European Union
The European Union has gone through various changes since its formation to a point that its institutions and policies are of global significance that is unmatched by any other international organizational (Moravcsik 2005, 349). In the Eurozone, quotas, tariffs and almost all customs barriers have been abolished (Moravcsik 2005, 349).
17 Pages(4250 words)Essay
Political and Cultural Consequences of Neo-Liberalism
Political and Cultural Consequences of Neo-Liberalism. The word neo-liberalism can be rooted from globalisation. The term neo-liberalism could also imply fundamentalism, and these two terms are in most cases interchangeably used. Neo-liberalism can be defined as a conjecture of political economics, which holds that the ultimate wellbeing of people can only be improved through liberating their individual entrepreneurial skills.
10 Pages(2500 words)Essay
How Does Realism/Neo-realism and Liberalism/Neo-liberalism Theories Constitute and Explain the Reasons for the Afghanistan War
For this purpose, realism, neo realism, liberalism and neo liberalism theories will be critically analysed and discussed. The United States attacked Afghanistan to safeguard its interest against terrorist activities by exercising its power and military dominance.
20 Pages(5000 words)Essay
Youth and Social Policy Neo-liberalism
Youth and Social Policy: Neo-liberalism Name: Course: Professor: Institution: City and State: Date: Neo-liberalism Neo-liberalism is an economic concept that emerged in the 1930s. It is a philosophy that has grown in popularity in the recent past and its application has also spread (Leighton, 2011).
4 Pages(1000 words)Essay
Communication (Neo-Liberalism)
This is directly connected with libertarian political philosophies. Although not a unified theory or practice it has its roots in the economic problems like debt crisis of developing countries, collapse of Soviet Union and economic power that holds sway over most of the political theories.
5 Pages(1250 words)Essay
Neo Liberalism
Today, neo liberalism has dominated the foreign policies of the world and changed the diplomatic relationships between countries. Due to its compulsion, countries have altered their external and internal courses both to an unrecognisable extent. It is not possible to say that neo liberalism has brought only good harvest.
8 Pages(2000 words)Essay
How successful is neo-liberalism in explaining why states cooperate
Many theories have been developed regarding the reasons behind the cooperation of states; most of these theories are related with specific
12 Pages(3000 words)Essay
Neo-Liberalism
In this case, private businesses and industries are deemed as commendable since they are very efficient, and are thus, the best way of solving problems (Steger and Roy, 13). According to Philoguy, this is
1 Pages(250 words)Essay
Political Economy - Neo-Liberalism vs. Classic Liberalism
alism objective of introducing liberalization to bring about gradual increase of wealth and freedom among nations, however, classic liberalism explains that instead of realization of wealth and freedom, liberalization resulted to constant fight proposals that threatened the
5 Pages(1250 words)Essay
Let us find you another Essay on topic Why And How Was Neo-Liberalism Able To Establish Itself As The Dominant Paradigm In The 1980s for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us