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What does the Beijing Consensus propose as an alternative to the policies advocated by the Washington Consensus?
  • a)
    Constant experimentation and innovation
  • b)
    Reduced state intervention in economies
  • c)
    Imposition of neoliberal policies on nations
  • d)
    Market fundamentalism and globalization
Correct answer is option 'A'. Can you explain this answer?
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What does the Beijing Consensus propose as an alternative to the poli...
The Beijing Consensus, introduced as an alternative to the Washington Consensus, emphasizes constant experimentation and innovation as one of its core pillars. This approach contrasts with the Washington Consensus's focus on neoliberal policies and market fundamentalism. The Beijing Consensus advocates for gradual reforms, peaceful distributive growth, and selective incorporation of foreign ideas, offering a different perspective on economic development and governance.
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What does the Beijing Consensus propose as an alternative to the policies advocated by the Washington Consensus?a)Constant experimentation and innovationb)Reduced state intervention in economiesc)Imposition of neoliberal policies on nationsd)Market fundamentalism and globalizationCorrect answer is option 'A'. Can you explain this answer?
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What does the Beijing Consensus propose as an alternative to the policies advocated by the Washington Consensus?a)Constant experimentation and innovationb)Reduced state intervention in economiesc)Imposition of neoliberal policies on nationsd)Market fundamentalism and globalizationCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What does the Beijing Consensus propose as an alternative to the policies advocated by the Washington Consensus?a)Constant experimentation and innovationb)Reduced state intervention in economiesc)Imposition of neoliberal policies on nationsd)Market fundamentalism and globalizationCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does the Beijing Consensus propose as an alternative to the policies advocated by the Washington Consensus?a)Constant experimentation and innovationb)Reduced state intervention in economiesc)Imposition of neoliberal policies on nationsd)Market fundamentalism and globalizationCorrect answer is option 'A'. Can you explain this answer?.
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