Jing Liu ICP-661 Topic Paper 1 October 8, 2014 I have neither given or received nor have I tolerated others’ use of unauthorized aid. Introduction to the neoliberalism Neoliberalism inherits and extends the classical liberal economic theory, which advocates liberalization, privatization, marketization and globalization. In terms of finance, neoliberalism believed in the “efficient market hypothesis”, in which the financial market could produce economic problems. Neoliberalism advocates to reduce…
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