Applying neoliberal economic policies that favor a minimalist state and an enhanced role for the market was the focus of the

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The Washington Consensus refers to a set of 10 economic policy prescriptions considered to constitute the "standard" reform package promoted for crisis-wracked developing countries by Washington, D.C.-based institutions such as the International Monetary Fund (IMF), World Bank, and the US Treasury Department. These policies emphasize neoliberal economic principles, including a minimalist state and an enhanced role for the market.

Applying Neoliberal Economic Policies That Favor a Minimalist State and an Enhanced