Author/Authors :
YILDIRIM, Cengizhan Abant İzzet Baysal Üniversitesi - İktisadi ve İdari Bilimler Fakültesi - İktisat Bölümü, Turkey
Abstract :
Neoliberal economy policies, which has become the mainstream economy and defended that free market must be determinative in economic decisions for the welfare of the humanity, do not consist of stable economic policies. For the market to be dominant, the First Generate Washington Consensus consisting of free trade, balanced budget, financial discipline, privatization and deregulation changed into the Second Generate Washington Consensus as result of critics received such as increase of the poverty, deformation of income range, economic crises, proposing the same policies to all countries, negligence of institutions. In this article, I will mention this change which was made without conceding of market economy and is still present at our time.
