This week, we explore economic globalization by reflecting on the ideologies, policies and institutions that have informed these processos In particular, we have been exploring the dominant ideology of neoliberalism, and its associated set of policies, most commonly known in the 1990s as the "Washington Consensus." Steger (2017.p.58) argues that the terms of the neoliberal Washington Consensus," and so-called economic structural adjustment programmes,' dictated by the World Bank, International Monetary Fund, and World Trade Organization, toward creditor developing countries spelled out a new form of colonialism According to Steger (2017.0.56) these three institutions enjoy the privileged position of making and enforcing the rules of a global economy that is sustained by significant power differentials between the global North and South Discussion Questions In this discussion you are asked to consider whother the nociberal economic policies driving globalization, and promoted by these intomational economia Institutions and their powerful member states have been impacting global and domestic equality positively or negatively. The goal is to gain insight into tho relationship betwoon neoliberal economic globakzation, as directed by these institutions, and global (in)oquality Consider the pros and cons of ONE concroto neoliboral policy measure for term of the Washington Consentus") discussed in your roadings and online learning materials, by answering the questions below 1. What are the benefits of the neoliberal measuro? 2. What are the drawbacks of the neoliberal measure? Was the neoliberal measure, for example as part of the Washington consensus," primarily beneficial or detrimental for creditor developing countries and global equality, and why? Be sure to precisely define key terms like neoliberalism and the specific neoliberal measure you have chosen to examine. Then explain and ovaluate the impact(s) the policy had, for example on countries which adopted it, and on global (in)oquality. Use specific empirical details and evidence examples from your readings and online learning materials to demonstrate the impacts) "Note: Concrete neoliberal policy measures are listed in Box 4 in Chapter 3 of your Globalization text (Sleger, 2017, p. 43). Many are also discussed later on in Chapter 3 as part of the ton points of the "Washington Consensus (ibid, p.58)