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What is neoliberalism? How the 'Washington consensus' was imposed on the world

Geopolitical Economy Report

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The Rise of Neoliberalism

The United States imposed neoliberal ideology on countries all around the world, in particular in the global south. This was largely done through the Bretton Woods Institution, that is, the International Monetary Fund, the IMF, and the World Bank. In his inauguration speech, President Ronald Reagan famously declared, "Government is not the solution to our problem"

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