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Neoliberalism and Transparency: Political Versus Economic Liberalism

Rodan, G. (2004) Neoliberalism and Transparency: Political Versus Economic Liberalism. Asia Research Centre, Murdoch University, Murdoch, Western Australia.

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Neoliberalism is principally a political project of embedding market values and structures not just within economic, but also within social and political life. Its objective is a reshaping of power relations. However, within the neoliberal camp there have always been differences over how far this process should extend and by what means it should be achieved. Neoliberalism is a dynamic and at times problematic amalgamation of interests and ideologies. Indeed, the emergence of the Post-Washington Consensus (PWC) with its emphasis on market supportive institutions is as much reflective of these internal frictions as it is of the overall unifying aspects of the neoliberal reform agenda. The advent of the ‘war on terror’ and associated US foreign policy towards unilateralism adds another dimension to internal neoliberal debates about the most appropriate and effective ways to internationally embed market power and values (see Rodan and Hewison 2004).

Item Type: Working Paper
Murdoch Affiliation(s): Asia Research Centre
Series Name: Working Paper. Asia Research Centre. No. 112
Publisher: Asia Research Centre, Murdoch University
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