From the Washington Consensus to Post-Neoliberalism: The Evolving Landscape of Global Political Economy The evolution of the global political economy since the late 20th century reflects a paradigmatic shift from neoliberal orthodoxy, epitomized by the Washington Consensus, to a more complex and contested order shaped by new developmental strategies, power realignments, and critiques of global … Continue reading Examine the evolution of the global political economy from the adoption of the Washington Consensus in the late 20th century to contemporary paradigms. Assess the ideological, institutional, and policy transitions that marked the shift from neoliberal orthodoxy—characterized by market deregulation, privatization, and fiscal austerity—towards a more contested landscape shaped by the rise of state capitalism, South–South cooperation, post-Washington Consensus frameworks, and debates on inclusive and sustainable development. Analyze the implications of this trajectory for global economic governance, inequality, and the autonomy of developing economies.