“The old Washington consensus is over. Today we have reached a new consensus that we take global action together to deal with the problems we face, that we will do what is necessary to restore growth and jobs, that we will take essential action to rebuild confidence and trust in our financial system and to prevent a crisis such as this ever happening again.” (Gordon Brown in his closing speech at the London G20 Summit in April 2009)
Critically assess the lessons that appear to have been learned from the critique of the Washington Consensus and the extent to which real progress has been made in developing a new consensus for global action in relation to trade, development, growth and financial stability
Essay 2
“How realistic is free trade in the real world?” Critically examine the competing perspectives about the role and impact of trade in developing countries
Essay 3
“Critically examine the methods used by successful developing countries in relation to trade, development and growth and assess the relative role that institutions and markets have played”
Essay 4
“In the light of the recent Global Financial Crisis, critically evaluate the main tasks at both the national and international level that need to be undertaken if globalisation is to work in such a way as to build an inclusive world economy”