Discuss the Washington consensus


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Discuss the Washington consensus


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Discuss the Washington consensus. your discussion should include the following issues: a brief description of the historical context in which the washington consensus arose; the aim of the washington consensus with regard to government intervention in the economy; a list of the key components of the policy package of structural adjustment, and a brief discussion of the likely impact of any three policy instruments on the role of the state in the economy; the experience of South Korea versus the claims of the Washington consensus; and a deseription of the latest evolution of the Washington consensus.