Mark Hibben's Poor States, Power and the Politics of IMF Reform: Drivers PDF

By Mark Hibben

ISBN-10: 1137577495

ISBN-13: 9781137577498

This books offers a well timed comparative case examine that finds the standards using the overseas financial Fund's coverage reform in Low source of revenue constructing nations (LIDCs), as a resurgent IMF expands its footprint within the world's poorest states. via a study layout that employs either mainstream and important IPE thought, Mark Hibben uncovers 3 significant trends. Principal-agent research, he argues, demonstrates that coalition formation between strong states, IMF employees and administration, and different influential actors is critical for coverage reform. even as, he makes use of constructivist research to teach that ideational frameworks of what benefits acceptable macroeconomic coverage reaction even have an influence on reform efforts, and that IMF administration and employees search legitimacy of their coverage offerings. in accordance with the crises in 1999 and 2008, the writer keeps, poverty and inequality now 'matter' in IMF pondering and function a chance for coverage insiders and exterior actors to deepen the institution's new dedication to 'inclusive' development.  Finally, Hibben attracts on neo-Gramscian research to focus on how the IMF appeared to melt the destabilizing results of globalization via reforms concerned with stakeholder participation in terrible states and should proceed to take action in its help of the hot United country Sustainable improvement pursuits.  This implies that the 2015-2030  time interval should be a serious juncture for IMF LIDC reform. by way of drawing from diversified theoretical traditions, the writer therefore presents a different framework for the examine of up to date IMF switch and the way top these drawn to LIDC coverage reform can meet this objective.

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Poor States, Power and the Politics of IMF Reform: Drivers of Change in the Post- Washington Consensus (International Political Economy Series) by Mark Hibben


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