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Washington Consensus  

Definition

  • The term Washington Consensus is commonly used to describe the neoliberal policy recommendations to developing countries, and Latin America in particular, that became popular during the 1980s. The Washington Consensus usually refers to the level of agreement between the International Monetary Fund (IMF), World Bank, and U.S. Treasury. [Source: Encyclopedia of Governance; Washington Consensus]

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https://concepts.sagepub.com/social-science/concept/Washington_Consensus

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