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Contends that the Washington Consensus's support for increased deregulation, competition, privatization, & capital markets has decreased the economic prospects for underdeveloped nations, particularly those in Eastern Europe, Latin America, & Asia. The economic development of South Korea & the People's Republic of China during the latter 20th century is discussed to demonstrate how nations with stable governments, mixed economic systems, & rudimentary capital markets have achieved economic growth. The US is urged to acknowledge that the effects of cutting interest rates in the Federal Reserve are temporary. In addition, the US & other nations are implored to increase their economic prospects by reducing surpluses in certain nations, create global development policy that balances economics with politics, promote food & basic necessities distribution programs, & implement reform in world financial practices. It is concluded that the neoliberal project has failed because of systematic & foundational problems. J. W. Parker

SELF-DETERMINATION EXISTS AS A DIALECTICAL PROCESS BETWEEN THE CAPABILITIES OF A PEOPLE AND THE INTERESTS OF THE DOMINANT POLITICAL REGIME. THE PARADOX THAT FOLLOWS FROM THIS AND LINKS THE TWO HAVLES OF THIS SELF-DETERMINATION EQUATION IS THAT THE SUCCESS OF DEALING WITH THE DEMANDS OF THE SECOND HALF OF THE EQUATION -- THE RESPONSE OF A RECALCITRANT REGIME -- SEEMS TO HINGE ON THE OUTCOME OF THE FIRST PARADOX -- THE SUCCESSFUL CONVERSION OF THE ENERGIES OF SOLIDARITY INTO DEMOCRATIC PLURALISM. THIS IS CERTAINLY THE CASE OF THE PALESTINIAN QUEST FOR SELF-DETERMINATION, WHICH HAS INVOLVED THE DEVELOPMENT OF A UNIQUE PALESTINIAN IDENTITY, AN EMPOWERED LEADERSHIP, AND THE INTIFADA, WHICH ULTIMATELY LED TO THE 1993 WASHINGTON HANDSHAKE AND THE OSLO ACCORDS.