Let Capitalism Fly

December 2011
Canada & the World Backgrounder;Dec2011, Vol. 77 Issue 2, p6
The article focuses on the Washington Consensus, which refers to an economic policy framework that stresses the value of private enterprise. It cites the application of the policy framework on indebted developing countries. The framework has been recognized as a primary factor in rapid economic growth around the world. The disadvantages of the Washington Consensus are also discussed.


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