what is neo liberal globalisation?
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Neoliberalism -
"Neoliberalism" is contemporarily used to refer to market-oriented reform policies such as "eliminating price controls, deregulating capital markets, lowering trade barriers" and reducing state influence in the economy, especially through privatization and austerity.
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The colloquium defined the concept of neoliberalism as involving "the priority of the price mechanism, free enterprise, the system of competition, and a strong and impartial state". To be "neoliberal" meant advocating a modern economic policy with state intervention.
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