Neo-Liberal


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Neo-Liberal

One who favors free trade, globalization, and openness to the free market. The term is used frequently in an international context, but it may also refer to the politics of a single country. Neo-liberals advocate floating exchange rates, the reduction or elimination of tariffs, privatization of nationalized companies, and similar practices. International organizations well-known for advocating neo-liberal policies include the International Monetary Fund and the World Trade Organization.
References in periodicals archive ?
The neo-liberal consensus born of the post-Cold War era collapsed alongside the 2008 crash.
SPANOS could water down his neo-liberal ideas in order to secure the backing of the commies in order to boost his chances.
Crouch finds that, according to his measures, the social democratic countries (mainly Nordic) survived the economic crisis in better shape that the others, and that the neo-liberal states did not fare as well, but outperformed the traditional countries.
They are seen as the skilled backbone that will successfully implement the neo-liberal agenda and propel India into prosperity.
This Dalit value is important in the context of the loss of collective, cooperative, and participatory rights within neo-liberal market relationships.
The increased volume of international trade under the neo-liberal policy regime results from direct state subsidies to long-distance trade and state intervention to reduce the transaction costs of trade -- in both cases socialising the operating costs of transnational corporations.
Here Davies examines the state's role alongside other factors and actors in creating the conditions for neo-liberalism; its role in the routine reproduction of neo-liberal conventions and rules of the game; and its role in compensating for market failure during crises.
As long as we follow neo-liberal path of development neither health of our politics nor of the nation will improve.
Additionally, scholars and critics engaged in Marxist theory will appreciate Ortner's determined ideological approach to the subject and focus on class structures in relation to American neo-liberal capitalism.
Raja said that communalism and neo-liberal economic policies are equal threats to the country.
In this regard, NCC and ITC projects represent two faces of the neo-liberal urban hegemony: one that achieved hegemony through a powerful CPC and the other that failed in its attempts at hegemony, and therefore enforced a project-based law as a coercion of state power.
Before moving on to consider the diagnosis, let us take a small diversion to recall elements of the most commonly known neo-liberal policy package, also promoted by the IMF and the World Bank, which amounts to (i) trade liberalization, (ii) privatization, (iii) abolition of entry regulations and licensing in domestic markets, (iv) deregulation of foreign direct investment, (v) deregulation of financial markets and (vi) inflation targeting and tight budgetary policies.