The policies dictated by the IMF and the World Bank have always stressed the need to liberalize their capital account and free capital flow and so reward those countries that improve their external payments position (Cagatay , Nilufer Erturk , Korkurk 2004 . The result of the neo-liberalization is that there is growth in the country but at the same time there is an increase in poverty and an increase in inequalities . Globalization has been a force for the failure of the current...











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