Problems of Economic Liberalisation and Development

A focused answer to the H2 History liberalisation dot point on inequality. Winners and losers within and between countries, why integration rewarded some and bypassed others, the debate over globalisation and inequality, and the role of policy.

A focused answer to the H2 History liberalisation dot point on structural adjustment. The free-market policy prescription, conditional lending, the intended benefits, the social costs and criticisms, and the debate over its results.

A focused answer to the H2 History liberalisation dot point on the 1997 Asian crisis. Capital flows and their reversal, currency collapses, the contagion, the policy response and its criticism, and the lessons about financial liberalisation.

A focused answer to the H2 History liberalisation dot point on the debt crisis. The lending boom, the oil shocks and interest rates, the burden on developing economies, the question of responsibility, and the consequences for development.