The policy advice that developing countries should privatize,liberalize,balance budgets,and pursue low inflation was called the

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The policy advice of privatization, liberalization, balancing budgets, and pursuing low inflation was known as the Washington Consensus, as it was formulated by economists and policymakers from Washington D.C.-based institutions such as the IMF, World Bank, and U.S. Treasury Department. The other options are not relevant to this particular policy advice.

The Policy Advice That Developing Countries Should Privatize,liberalize,balance Budgets,and Pursue