Neoliberalism
📈 Investing
Quick Definition
Neoliberalism is an economic and political ideology that emphasizes free-market capitalism, deregulation of industries, and reduction in government spending on social services.
Examples
- 1Privatization of state-owned enterprises in the UK during the 1980s under Margaret Thatcher.
- 2Deregulation of the financial markets in the United States during the Reagan administration.
- 3Implementation of austerity measures in several European countries following the 2008 financial crisis.
- 4Trade liberalization policies in developing countries under the influence of international financial institutions like the IMF and World Bank.
Tags
neoliberalismeconomicspolicygovernmentmarketsglobalization
Related Terms
Other terms you might find helpful
Fiscal Policy
Fiscal policy refers to the government's use of spending and taxation to influence the economy.
Free Market
A free market is an economic system where prices for goods and services are determined by the open market and consumers, with minimal government intervention.
Globalization
Globalization refers to the process of increased interconnectedness and interdependence among countries worldwide, primarily driven by trade, investment, and technology.
Monetary Policy
Monetary policy refers to the actions undertaken by a central bank, such as the Federal Reserve, to influence the availability and cost of money and credit to help promote national economic goals.
Quick Info
Category:Investing
Difficulty:intermediate
Last Updated:6/19/2025