Post-Bretton Woods crises — period?
1970s economic and geopolitical crises.
Liquidity Glut — effect?
Surplus of easy money, soaring inflation.
1970s oil shocks — impact?
Caused global inflation and stagflation.
Capital controls — removal?
Led to loss of state autonomy.
Cross-border flows — 1980 vs 2007?
$500 billion to nearly $12 trillion.
Market discipline — enforced by?
Free capital movement constrains governments.
Neoliberalism — three pillars?
Deregulation, discipline, development.
Neoliberalism — focus?
Private initiative, free markets, minimal state.
Shift from industrialization — model?
From inward to outward, export-led growth.
Trade policy — before and after?
Protectionism to free trade and capital mobility.
Neoliberal reforms — outcomes?
Global integration, increased inequality, instability.
Global middle class — effect?
Growth reducing global inequality overall.
Financial crises — cause?
Rapid liberalization, weak regulation.
IMF — role in 1970s?
Transformed into enforcer of neoliberal reforms.
Conditionality — purpose?
Impose neoliberal policies for aid.
Casino capitalism — characteristic?
High-risk, deregulated speculative finance.
Debt crises — example?
Mexico 1982, Asian financial crisis.
Washington Consensus — nature?
Transnational policy paradigm enforced by IFIs.
Structural adjustment — shift?
From project loans to policy reform loans.
Emerging models — Beijing Consensus?
Statist alternative emphasizing macroprudence.
Policy diffusion — types?
Normative (experiment) and coercive (standardized).
Future global regime — likely?
Heterogeneous, not a single paradigm.
Testez vos connaissances avec un QCM de 11 questions sur Neoliberal Globalization and Its Impact.
1. What was a key feature of the 1970s economic crises related to monetary conditions?
2. What is a key feature of the transformation of global capital flows after the 1970s?
Révisez le cours complet dans la fiche de révision de Neoliberal Globalization and Its Impact.
Voir la fiche →Importe ton cours et l'IA génère des flashcards en 30 secondes.
Générateur de flashcards