Podcast
Questions and Answers
What economic ideology emerged as a challenge to Keynesian ideas in the 1980s?
What economic ideology emerged as a challenge to Keynesian ideas in the 1980s?
Which organizations embraced neoliberal policies under the Washington Consensus?
Which organizations embraced neoliberal policies under the Washington Consensus?
What characterizes economic relations between developed and developing countries, according to the text?
What characterizes economic relations between developed and developing countries, according to the text?
What do critics label the new form of economic thinking that emerged in the 1980s?
What do critics label the new form of economic thinking that emerged in the 1980s?
Signup and view all the answers
Which organization was founded in 1995 to continue tariff reduction under the GATT?
Which organization was founded in 1995 to continue tariff reduction under the GATT?
Signup and view all the answers
What is the main emphasis of the Washington Consensus policies?
What is the main emphasis of the Washington Consensus policies?
Signup and view all the answers
'Economic globalization remains an uneven process.' What does this mean in the context of the text?
'Economic globalization remains an uneven process.' What does this mean in the context of the text?
Signup and view all the answers
'Developed countries are often protectionists.' What does 'protectionist' mean in this context?
'Developed countries are often protectionists.' What does 'protectionist' mean in this context?
Signup and view all the answers
'Trade imbalances characterize economic relations between developed and developing countries.' What does 'trade imbalance' mean?
'Trade imbalances characterize economic relations between developed and developing countries.' What does 'trade imbalance' mean?
Signup and view all the answers
'Some countries, corporations, and individuals benefit a lot more than others from economic globalization.' Why is this statement made?
'Some countries, corporations, and individuals benefit a lot more than others from economic globalization.' Why is this statement made?
Signup and view all the answers
