Neo-liberal Policies 0.0 / 5 ? SociologyGlobal DevelopmentA2/A-levelAQA Created by: chend96Created on: 22-04-14 12:39 What are the 6 policies of neo-liberals? Privatisation, removal of parastatal institutions, cutting public spending, cutting taxes, free trade and integration in globl economy 1 of 8 What does privatisation involve? industries which were previously led and owned by govenments which are sold to private companies 2 of 8 Give three examples of this? water, telcommunications and electricity 3 of 8 What does removal or parastatal instituions involve? Marketing boards by which governments regulate pricing, production and distribution of products 4 of 8 What does cutting state spending involve? Less spending on welfare, so that the state are seen less important than the economy 5 of 8 What does cutting taxes involve? Allowing indiivduals to spend their money, rather than the government spening a large share of it 6 of 8 What does free trade involve? Removal of restrictions and tariffs to allow for imports and exports 7 of 8 Whats the final point? Integration into the global economy 8 of 8
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