DMPQ: . What is Washington consensus? (Polity)
It was a new development strategy developed in the early 1980’s. This term was coined due to the failure of the state owned intervention , communist and socialist strategies across the world. Governments of the socialist or the planned economies were urged/suggested to privatise and liberalise, to sell off state-owned companies and eliminate government intervention … Read more DMPQ: . What is Washington consensus? (Polity)