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An important element of the New (Santiago) Consensus that replaced The Washington Consensus is: a.Emphasis on government responsibility for poverty reduction, creation of conditions for

An important element of the New (Santiago) Consensus that replaced The Washington Consensus is:

a.Emphasis on government responsibility for poverty reduction, creation of conditions for and effective market economy, health & education

b.Secure property rights, fiscal discipline & reduction of government expenditures.

c.Tax reforms, property rights, and privatization

d.Elimination of barriers to foreign direct investment (FDI)

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