The Washington Consensus is synonymous with

Question

Quizplus · Accepted Answer

The Washington Consensus refers to a set of economic policies advocated by the United States government, the International Monetary Fund (IMF), and the World Bank that promote economic liberalization, privatization, deregulation, and free trade. It originated in a meeting of policymakers from various countries held in Washington, D.C. in 1989. Therefore, option A, an economic liberal outlook on development, is the best choice. The other options are incorrect as they do not describe the principles of the Washington Consensus.

The Washington Consensus Is Synonymous with