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PSIR Optional PYQ Solutions · Model answer

How is it that economic and neo-liberal globalization is being interrogated from inside even in developed countries? What are the economic consequences of such globalization?

  • UPSC 2015
  • 15 marks
  • Globalisation

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Neo-liberal globalisation, launched by Margaret Thatcher's and Ronald Reagan's market turn and codified in the Washington Consensus, meant free trade, free capital movement, privatisation and deregulation. Its paradox is that the sharpest challenge now comes from the societies that designed it.

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What the full answer covers

  • Why it is interrogated from inside
  • Economic consequences
  • Conclusion
PSIR Optional PYQ Solutions

PSIR Optional PYQ Solutions

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