CEVAP:

The Bretton Woods institutions relied on a specific economic philosophy, which is known as the “Washington Consensus”. In broad terms, the Washington Consensus recommends that governments should:
• reform their policies,
• pursue macroeconomic stability by controlling inflation and reducing fiscal deficits,
• open their economies to the rest of the world through trade and capital account liberalization,
• liberalize domestic product and factor markets through privatization and deregulation.