Earlier policies to reduce state power in less-developed countries are often referred to as the:

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The policies to reduce state power in less-developed countries are often referred to as the Washington Consensus, named after a set of policy recommendations developed by economists in Washington D.C. in the 1980s and 1990s. These policies emphasized the need for free-market policies, privatization, deregulation, and reduced government intervention in the economy.

Earlier Policies to Reduce State Power in Less-Developed Countries Are