The relevance of Neo-liberalism by drawing evidence from the current state of covid-19 pandemic in Bangladesh || Econometry
Neoliberalism is an economic and political ideology associated with laisezz-faire economic liberalism and free market capitalism. It is actually restatement of classical liberalism plus something else. In the modern capitalistic world many developed countries like UK, Netherlands follow neoliberalism. So if we see what neoliberalism focuses, we find economic liberalization, privatization,deregulation, globalization, free trade, austerity, reductions in government spendings. Neoliberalism was running very well until the corona virus rises . We find a changed world in this corona pandemic situation. Empty streets, closed shops, clear skies such unusual scenario all over the world. The news about economy is alarming and the situation has triggered the economic contraction in the history of capitalism. If we look at the situation of our country, we find thousands of workers became unemployed and many of businesses are in debt situati...