Book Review of
By: Lesley Bartlett
Published: 2007
Uploaded: 04/06/2007
Uploaded by: Lesley Bartlett
Pockets: Gottesman Libraries Archive, International & Transcultural Studies, Lesley Bartlett Collection, Teachers College Faculty

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Description/Abstract: It is by now common knowledge that, in the 1980s and 1990s, many countries around the world abandoned neo-Keynesian versions of state-market relations and implemented neoliberal models of development. Leaders in Western countries led the charge; leaders in some underdeveloped countries adopted neoliberal models of state-market relations in an attempt to position themselves favorably in the reorganizing capitalist world system; in yet a third category, leaders of many poor and/or debt-ridden countries had neoliberalism thrust upon them, largely through structural-adjustment agreements with international financial institutions. The revised version of liberalism encouraged governments to shift their efforts from ensuring citizens’ welfare to enhancing conditions for the conduct of free enterprise, in part by “freeing” the market from government regulation (such as taxes and tariffs) and other barriers (such as labor unions). Neoliberal policies have led to reductions in state expenditures

Source: Teachers College Record
Volume: 107
Number: 7, 2005
Pages: 1501 -1503