Neoliberal Globalization and Its Impact

Revision sheet excerpt

Course Outline

  1. Post-Bretton Woods economic and geopolitical crises of the 1970s
  2. Transformation of global capital flows and loss of state autonomy
  3. Neoliberalism ideology and its three pillars: deregulation, discipline, development
  4. Shift from state-led industrialization to market-oriented development models
  5. Global economic outcomes of neoliberal reforms: integration, inequality, and instability
  6. Retrospective evaluation and necessary adaptation of the Washington Consensus policies
  7. The Real New International Economic Order and U.S. leadership in global capitalism
  8. IMF transformation and rise of conditionality in enforcing neoliberal reforms
  9. Financial deregulation, casino capitalism, and debt crises in the neoliberal era
  10. The Washington Consensus as a transnational policy paradigm institutionalized by international financial institutions
  11. Evolution and adaptation of the Washington Consensus amid emerging global economic models

1. Post-Bretton Woods economic and geopolitical crises of the 1970s

Key Concepts & Definitions

  • Liquidity Glut : This led to a massive " liquidity glut "—a surplus of easy money in circulation—and soaring inflation driven by oil shocks and rising raw material prices.

Essential Points

Read the full sheet →

Quiz preview

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?

3. What is the primary purpose of deregulation in neoliberal ideology?

Take the quiz (11 questions) →

Flashcards preview

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.

See all 22 flashcards →

Frequently asked questions

What does the revision sheet on Neoliberal Globalization and Its Impact cover?

The revision sheet covers the essential concepts of Neoliberal Globalization and Its Impact. It is organized by topic to facilitate learning and memorization, with key definitions, explanations and summaries.

Read the full sheet →

How many questions are in the Neoliberal Globalization and Its Impact quiz?

The quiz contains 11 multiple-choice questions with detailed corrections and explanations for each answer. Ideal for testing your knowledge and identifying gaps.

Take the quiz (11 questions) →

How to study Neoliberal Globalization and Its Impact with flashcards?

Revizly offers 22 interactive flashcards on Neoliberal Globalization and Its Impact. Each card presents a question on the front and the answer on the back, enabling active and effective revision based on spaced repetition.

See all 22 flashcards →

Similar courses

Lexique des ressources humaines

Gestion

Économétrie et régression linéaire

Absentéisme en entreprise

Gestion

Disposal of Non-Current Assets

Comptabilité

Marchés et financement des entreprises

Les externalités et les défaillances du marché

Create your own sheets from your courses

Import your PDF or paste your course, AI generates sheets, quizzes and flashcards in 30 seconds.

Sheet generatorQuiz generator