Differences
The neoliberal approach has been in the frontline of advocating for a wide economic liberation and policies, which extend the abilities and rights of the private sector over the public sector, particularly the shutting down of the government and state power over the economy. The concept of neoliberalism is in support of the deregulation, privatization, reducing government spending, free trade, and fiscal austerity. On the other hand, Deneulin and Lila argue that the human development approach is pegged on the tenets that development is purposely geared to improve human lives not merely on the basis of enhancing one’s ...