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Neoliberal rhetoric as a metaphor for quasi institutional monism

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  • Veselin Draskovic
  • Milica Delibasic

Abstract

After more than a decade of writing and critical analysis of neoliberalism, which resulted from a negative attitude towards the serious consequences that has produced in practice, We decided to try to explain its metaphorical essence. It is necessary, at least from a short historical distance, to examine individual opinions, conclusions and critics. We think that term neoliberalism has been incomplete, because it contains a significant metaphorical level. Therefore it can not be easily defined, especially not by using unilateral interpretation, according to which it represents imposed market entry in the specific context of public policy.

Suggested Citation

  • Veselin Draskovic & Milica Delibasic, 2014. "Neoliberal rhetoric as a metaphor for quasi institutional monism," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 10(2), pages 33-47.
  • Handle: RePEc:mje:mjejnl:v:10:y:2014:i:2:p:33-47
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    1. Dani Rodrik & Arvind Subramanian & Francesco Trebbi, 2004. "Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development," Journal of Economic Growth, Springer, vol. 9(2), pages 131-165, June.
    2. Dani Rodrik, 2006. "Goodbye Washington Consensus, Hello Washington Confusion? A Review of the World Bank's Economic Growth in the 1990s: Learning from a Decade of Reform," Journal of Economic Literature, American Economic Association, vol. 44(4), pages 973-987, December.
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    Cited by:

    1. Mimo Draskovic & Niksa Grgurevic & Milica Delibasic, 2015. "Institutional Properties of the South East European Region," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 17-24.
    2. Mimo Draškovic & Sanja Bauk & Dalia Streimikiene & Veselin Draskovic, 2017. "Testing the Level of Alternative Institutions as a Slowdown Factor of Economic Development: the Case of Montenegro," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 19(45), pages 477-477, May.

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