Neo-liberalism

Question 1

How Neo-liberalism argue that countries develop

Answer 1

Private investment- sell industries that were previously state run to
private companies. Cutting taxes so that the state has less involvement
and entrepreneurs are encouraged, production is also governed by
supply and demand

International free trade- reduce the barriers to trade; less tax on
corporate profits, reduce amount of formal rules e.g health and safety
regulations. Seek the help of the IMF, WB etc.

Fewer protections for workers and the environment- scrap minimum
wages, permanent contracts. More freedom for companies