Concept information
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economics of international business
economic development
international development
economic governance
social science subjects
politics and international relations
international relations
global governance
Preferred term
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]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/Washington_Consensus
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