ABSTRACT
This chapter explores the use of policy interventions as a mechanism through which states, supranational bodies and even multinational corporations have attempted to impose a neoliberal hegemony on the world economy. It discusses some examples of policy transfer as economic imperialism. The chapter outlines the policy transfer literature from policy studies showing that the focus of much of this literature is on the reasons why states choose to transfer policy from another state, but without consideration of the extent to which that is in fact a choice. It explores examples of transfer without the backup of force and the work of Peck on mobility mutation through examples of conditional cash transfers. The European Union (EU) response to the financial crisis bares striking resemblance to the Washington Consensus as in exchange for financial support, the bailout of national banks and delays on payment of debts, countries were forced to adopt a series of economic policies designed by the European Central Bank.
