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Topic: Business
Number of pages / Number of words: 8 / 2210
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The 1980s saw Asia and Africa with a “lost decade” (Naim, 1999): with high inflation and minimal growth.

Along with the end of the Cold War, developing countries could not sustain their economic policies in the midst of their debt crisis; and sought financial aid. They were left with no option but to accept the stringent set of conditions imposed by the IMF...


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They were left with no option but to accept the stringent set of conditions imposed by the IMF.

Stiglitz’s views & those who support him

Stiglitz’s views of the negative affects of globalization can be simplified into (1) his economics and policy views, (2) the evidence he presents and (3) his suggestion of the Washington Consensus’s special interest:

Economics and policy views

The IMF’s neo-liberal economic policy is founded on faith of the “perfect market” and on Adam Smith’s invisible hand: that the pursuit of economic self-interest will promote the good of the community at large...


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Asia'S Lessons For Emerging Markets Coca Cola - Growth, Employment, Business Cycle and Inflation FINANCIAL MARKETS Financial Markets Deregulate Funds flow through the financial system from surplus entities to deficit entities in various ways. For example, funds may flow via financial intermediaries or through equity markets or through debt markets. How do you account for the existence of ... Glossary – Financial Markets & Institutions International financial markets Markets And States Of Tropical Africa Oil prices & financial markets Organization Of Financial Markets Stiglitz And Financial Markets The Americas vs. Asia and Africa Monetary policy, inflation and growth THE FINANCIAL CRISES IN RUSSIA AND EAST ASIA The Federal and State Minimum Wage Growth, and Inflation

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