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With Those of The Washington Consensus

The Philippines played a key role in the early stages of economic globalization. The original Bretton Woods system established the post-WWII economic order based on fixed exchange rates and international institutions like the IMF and World Bank. In contrast, the Washington Consensus promoted neoliberal policies like deregulation, privatization, and fiscal discipline.

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Adrian Andal
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16 views1 page

With Those of The Washington Consensus

The Philippines played a key role in the early stages of economic globalization. The original Bretton Woods system established the post-WWII economic order based on fixed exchange rates and international institutions like the IMF and World Bank. In contrast, the Washington Consensus promoted neoliberal policies like deregulation, privatization, and fiscal discipline.

Uploaded by

Adrian Andal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Assignment:

1. How is the Philippines central to the history of economic globalization?


2. Compare and Contrast the assumptions of the original Bretton Woods system
with those of the Washington Consensus.

Read this short


article and write your insight about it. (minimum of 5 sentences)

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