The Washington Consensus encompasses a set of neo-liberal economic policies aimed at stabilization, structural adjustment, and liberalization in developing countries, focusing on fiscal discipline, market reforms, and integration into the global economy.
Which of the following reforms were undertaken under Washington consensus? 1. Promotion Capitalism 2. Opening of economies 3. Promoting Foreign Investment 4. Establishment of WTO Select the correct answer from the codes given below:
Asked in GPSC Prelims CSP 2 2023 · Topic: Nature of Indian Economy (Openness of Economy and Integration with Global Markets)
More Economic Development questions
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