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structuralism and neoliberalism and how do they defer from each other in regards to the role...

structuralism and neoliberalism and how do they defer from each other in regards to the role of the state in economic growth?

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Expert Solution

Structuralism refers to the theory of culture as well as methodology, wherein the elements of human culture is understood with the help of various theories and by way of their relations with broder system.

Neoliberalism is type of policy model which encompasses both Economics as well as politics which aims to control Economic factors and then transferring it from public sectors to private sectors.

Difference between both of them in regards of role of the state in economic growth-

  • Structuralism mainly focuses on functional aspects which help economic growth in developed countries. While neoliberalism focuses on laissez faire Economics which deals with Economic growth till rise in technology as well as rise in market

Rahul Sunny answered 2 years ago
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