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Responding to the Economic Crisis: Austerity, Neoliberalism, and Beyond Neoliberalism

Around the world, politicians, activists, scholars, and journalists describe the world as increasingly "neoliberal." For decades, populations worldwide have protested against neoliberal structural adjustment and austerity policies advocated by the IMF and World Bank. The protests in Greece were just a recent case of this worldwide critique. The riots in Britain have also been presented as the result of neoliberal policies. What do these protestors and commentators mean by neoliberalism? Why is it so important? What has caused neoliberalism? Which neoliberal trends do we see around the world? Is neoliberalism coming to an end? This panel will discuss the emergence of neoliberalism and its current state both worldwide and specifically in the former socialist countries of Central and Eastern Europe.

Date & Time

Thursday
Oct. 6, 2011
1:00pm – 3:00pm ET

Location

6th Floor, Woodrow Wilson Center
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Overview

Around the world, politicians, activists, scholars, and journalists describe the world as increasingly "neoliberal." For decades, populations worldwide have protested against neoliberal structural adjustment and austerity policies advocated by the IMF and World Bank. The protests in Greece were just a recent case of this worldwide critique. The riots in Britain have also been presented as the result of neoliberal policies. What do these protestors and commentators mean by neoliberalism? Why is it so important? What has caused neoliberalism?  Which neoliberal trends do we see around the world? Is neoliberalism coming to an end? This panel will discuss the emergence of neoliberalism and its current state both worldwide and specifically in the former socialist countries of Central and Eastern Europe. 

Speakers and topics:

Johanna Bockman,George Mason University -  "What is Neoliberalism and Where Did It Come From?"Sharon Fisher, IHS Global Insight - "Why it's Hard to Say Good-Bye to Neoliberalism: Lessons from Central Europe"Mitchell Orenstein, Johns Hopkins University - "The Decline of Neoliberalism" 

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Hosted By

Global Europe Program

The Global Europe Program addresses vital issues affecting the European continent, US-European relations, and Europe’s ties with the rest of the world. We investigate European approaches to critical global issues: digital transformation, climate, migration, global governance. We also examine Europe’s relations with Russia and Eurasia, China and the Indo-Pacific, the Middle East and Africa. Our program activities cover a wide range of topics, from the role of NATO, the European Union and the OSCE to European energy security, trade disputes, challenges to democracy, and counter-terrorism. The Global Europe Program’s staff, scholars-in-residence, and Global Fellows participate in seminars, policy study groups, and international conferences to provide analytical recommendations to policy makers and the media.  Read more

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