The contribution of the International Monetary Fund and the World Bank to the "neoliberalization" of the global economy

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Author :
Publisher : GRIN Verlag
ISBN 13 : 3656704090
Total Pages : 11 pages
Book Rating : 4.6/5 (567 download)

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Book Synopsis The contribution of the International Monetary Fund and the World Bank to the "neoliberalization" of the global economy by : Felix Wiebrecht

Download or read book The contribution of the International Monetary Fund and the World Bank to the "neoliberalization" of the global economy written by Felix Wiebrecht and published by GRIN Verlag. This book was released on 2014-07-28 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2014 in the subject Politics - Topic: Globalization, Political Economics, grade: 15, University of Aberdeen, language: English, abstract: To what extent has the International Monetary Fund and the World Bank contributed to the 'neoliberalization' of the global economy?

The IMF and the World Bank at Sixty

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Publisher : Anthem Press
ISBN 13 : 1843311968
Total Pages : 363 pages
Book Rating : 4.8/5 (433 download)

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Book Synopsis The IMF and the World Bank at Sixty by : Ariel Buira

Download or read book The IMF and the World Bank at Sixty written by Ariel Buira and published by Anthem Press. This book was released on 2005 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: An authoritative review of the position of the IMF and World Bank in their sixtieth year.

10 Reasons to Abolish the IMF & World Bank

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Publisher : Seven Stories Press
ISBN 13 : 1609801520
Total Pages : 130 pages
Book Rating : 4.6/5 (98 download)

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Book Synopsis 10 Reasons to Abolish the IMF & World Bank by : Kevin Danaher

Download or read book 10 Reasons to Abolish the IMF & World Bank written by Kevin Danaher and published by Seven Stories Press. This book was released on 2011-01-04 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: A veritable "Globalization for Dummies," 10 Reasons to Abolish the IMF & World Banklays bare the most common myths of globalization in a clear and understandable way. Looking with hope to grassroots movement-building on a global scale, Danaher presents ten arguments for abolishing the IMF and World Bank and replacing them with democratic institutions that would make the global economy more accountable to an informed and active citizenry. Conceived as an effort to educate the public about how international institutions of "free trade" are widening the gap between the rich and poor globally, Danaher reveals how the lending policies of the IMF and the World Bank fail to benefit Third World peoples, and instead line the pockets of undemocratic rulers and western corporations while threatening local democracies and forcing cuts to social programs. Through anecdotes, analysis, and innovative ideas, Danaher argues that the IMF and the World Bank undermine our most basic democratic values, and calls for reframing the terms on which international economic institutions are operated using the principles of environmental sustainability, social justice, and human rights.

The Deadly Ideas of Neoliberalism

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Publisher : Zed Books
ISBN 13 : 9781848132856
Total Pages : 264 pages
Book Rating : 4.1/5 (328 download)

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Book Synopsis The Deadly Ideas of Neoliberalism by : Rick Rowden

Download or read book The Deadly Ideas of Neoliberalism written by Rick Rowden and published by Zed Books. This book was released on 2009-11-12 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'The Deadly Ideas of Neoliberalism' explores the history of and current collision between two of the major global phenomena that have characterized the last 30 years: the spread of HIV/AIDS and other diseases of poverty and the ascendancy of neoliberal economic ideas. The book explains not only how IMF policies of restrictive spending have exacerbated public health problems in developing countries, in particular the HIV/AIDS crisis, but also how such issues cannot be resolved under these economic policies. It also suggests how mounting global frustration about this inability to adequately address HIV/AIDS will ultimately lead to challenges to the dominant neoliberal ideas, as other more effective economic ideas for increasing public spending are sought. In stark, powerful terms, Rowden offers a unique and in-depth critique of development economics, the political economy dynamics of global foreign aid and health institutions, and how these seemingly abstract factors play out in the real world - from the highest levels of global institutions to African finance and health ministries to rural health outposts in the countryside of developing nations, and back again.

Unholy Trinity

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Publisher : Zed Books Ltd.
ISBN 13 : 1848137966
Total Pages : 438 pages
Book Rating : 4.8/5 (481 download)

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Book Synopsis Unholy Trinity by : Richard Peet

Download or read book Unholy Trinity written by Richard Peet and published by Zed Books Ltd.. This book was released on 2009-11-16 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: Who really runs the global economy? Who benefits most from it? The answer is a triad of 'governance institutions' - The IMF, the World Bank and the WTO. Globalization massively increased the power of these institutions and they drastically affected the livelihoods of peoples across the world. Yet they operate undemocratically and aggressively promote a particular kind of neoliberal capitalism. Under the 'Washington Consensus' they proposed, poverty was to be ended by increasing inequality. This new edition of Unholy Trinity, completely updated and revised, argues that neoliberal global capitalism has now entered a period of crisis so severe that governance will become impossible. Huge incomes for a small number of super-rich people produced an unstable global economy, rife with speculation and structurally prone to crises. The IMF is in disgrace, the WTO can hardly meet anymore and the World Bank survives as a global philanthropist. Is this the end for the Unholy Trinity?

How the World Bank and the International Monetary Fund Work

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Author :
Publisher : The Rosen Publishing Group, Inc
ISBN 13 : 1448867940
Total Pages : 82 pages
Book Rating : 4.4/5 (488 download)

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Book Synopsis How the World Bank and the International Monetary Fund Work by : Barbara Gottfried Hollander

Download or read book How the World Bank and the International Monetary Fund Work written by Barbara Gottfried Hollander and published by The Rosen Publishing Group, Inc. This book was released on 2012-07-01 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: The World Bank and the International Monetary Fund (IMF) are the bankers of the global economy. The World Bank helps impoverished economies become profitable by offering financial assistance. The IMF is the organization that provides international cooperation among the world's economic superpowers. Readers are provided with explanations of the inner workings of both organizations in this informative volume. In addition, this view into the mechanics of global economics offers insight to readers about just how interdependent we all are in this globalized age.

Reform of the International Institutions

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Publisher : Edward Elgar Publishing
ISBN 13 : 1847202888
Total Pages : 177 pages
Book Rating : 4.8/5 (472 download)

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Book Synopsis Reform of the International Institutions by : P. Coffey

Download or read book Reform of the International Institutions written by P. Coffey and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Peter Coffey and Robert J. Riley, in Reform of the International Institutions, offer positive proposals for change in the sweeping horizon of economic institutions including the WTO. Their book also includes documents that help with research on the topic. Richard Fulton, Choice At no period since the creation of the International Monetary Fund (IMF), World Bank and World Trade Organisation (WTO) has it been a more opportune time to examine the work, reform and future of the international monetary and trading systems. In this comprehensive examination, the authors provide original, independent assessments of these institutions from both an American and European perspective and offer proposals for reform and improvement. The seemingly endless problems encountered by the IMF, WTO and World Bank provide major reasons for seeking reform. However, an additional impetus is the changing balance of economic power in the world. The volume begins with an overview of the Bretton Woods and international trading systems. Following this are discrete, in-depth discussions of the three institutions from American and European points of view. The authors emphasise the need for making the IMF and World Bank more regional in structure and, like the European Bank, more frugal in the lifestyles of their officials. Similarly, they call for a narrower focus in the mission of the World Bank and the IMF. In the case of the WTO, they call for a democratic reform of the organisation comprising participation by experts and, above all, better representation and support for Third World countries. Scholars and students of political economy, as well as those interested in the history and reform of international institutions, will find this an enlightening and necessary addition to their library.

The Globalizers

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Publisher : Cornell University Press
ISBN 13 : 0801456029
Total Pages : 266 pages
Book Rating : 4.8/5 (14 download)

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Book Synopsis The Globalizers by : Ngaire Woods

Download or read book The Globalizers written by Ngaire Woods and published by Cornell University Press. This book was released on 2014-10-03 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The IMF and the World Bank have integrated a large number of countries into the world economy by requiring governments to open up to global trade, investment, and capital. They have not done this out of pure economic zeal. Politics and their own rules and habits explain much of why they have presented globalization as a solution to challenges they have faced in the world economy."—from the Introduction The greatest success of the International Monetary Fund and the World Bank has been as globalizers. But at whose cost? Would borrowing countries be better off without the IMF and World Bank? This book takes readers inside these institutions and the governments they work with. Ngaire Woods brilliantly decodes what they do and why they do it, using original research, extensive interviews carried out across many countries and institutions, and scholarship from the fields of economics, law, and politics. The Globalizers focuses on both the political context of IMF and World Bank actions and their impact on the countries in which they intervene. After describing the important debates between U.S. planners and the Allies in the 1944 foundation at Bretton Woods, she analyzes understandings of their missions over the last quarter century. She traces the impact of the Bank and the Fund in the recent economic history of Mexico, of post-Soviet Russia, and in the independent states of Africa. Woods concludes by proposing a range of reforms that would make the World Bank and the IMF more effective, equitable, and just.

China's Participation in the IMF, the World Bank, and GATT

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Author :
Publisher : University of Michigan Press
ISBN 13 : 9780472101771
Total Pages : 230 pages
Book Rating : 4.1/5 (17 download)

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Book Synopsis China's Participation in the IMF, the World Bank, and GATT by : Harold Karan Jacobson

Download or read book China's Participation in the IMF, the World Bank, and GATT written by Harold Karan Jacobson and published by University of Michigan Press. This book was released on 1990 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studies the evolving relationship between China and the keystone international economic organizations

Losing the Global Development War

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Publisher : BRILL
ISBN 13 : 9047440366
Total Pages : 368 pages
Book Rating : 4.0/5 (474 download)

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Book Synopsis Losing the Global Development War by : John Head

Download or read book Losing the Global Development War written by John Head and published by BRILL. This book was released on 2008-03-30 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a new perspective in examining the key global economic organizations - the International Monetary Fund, the World Bank (and its regional counterparts), and the World Trade Organization. Aimed at ordinary informed readers, the text draws upon the author's many years of familiarity with these organizations to evaluate them from a legal and policy perspective, touching on issues of "mission creep," "democracy deficit," and more. The book depicts such issues as the central struggles in a "Global Development War" that is now being lost because of certain ideological and institutional failings that currently afflict the global institutions. That war can be won, the author asserts, only by adopting an ideology of liberal, intelligent, participatory, multilateral, and sustainable human development.

Owning Development

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Publisher : Cambridge University Press
ISBN 13 : 1139492500
Total Pages : pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Owning Development by : Susan Park

Download or read book Owning Development written by Susan Park and published by Cambridge University Press. This book was released on 2010-10-07 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: As pillars of the post-1945 international economic system, the International Monetary Fund (IMF) and the World Bank are central to global economic policy debates. This book examines policy change at the IMF and the World Bank, providing a constructivist account of how and why they take up ideas and translate them into policy, creating what we call 'policy norms'. The authors compare processes of policy emergence and change and, using archival and interview data, analyse nine policy areas including gender, debt relief, and tax and pension reform. Each chapter traces the policy norm process in order to shed light on the main sources and mechanisms for norm change within international organizations. Owning Development details the strength of these policy norms which emerge, then either stabilize or decline. The book establishes valuable insights into the strength of current development policies propounded by international organizations and the possibility for change.

Reforming the Governance of the IMF and the World Bank

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Publisher : Anthem Press
ISBN 13 : 0857287141
Total Pages : 326 pages
Book Rating : 4.8/5 (572 download)

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Book Synopsis Reforming the Governance of the IMF and the World Bank by : Ariel Buira

Download or read book Reforming the Governance of the IMF and the World Bank written by Ariel Buira and published by Anthem Press. This book was released on 2005-11 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: A radical and comprehensive review of the practices of governance within one of the world's most important and influential organizations.

Gendering the World Bank

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Publisher : Springer
ISBN 13 : 0230233880
Total Pages : 259 pages
Book Rating : 4.2/5 (32 download)

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Book Synopsis Gendering the World Bank by : Penny Griffin

Download or read book Gendering the World Bank written by Penny Griffin and published by Springer. This book was released on 2009-02-27 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gendering the World Bank provides an unusual, wide-ranging and accessible account of the constitution and effects of discourses of neoliberal governance. Paying particular attention to how gender matters in and to contemporary global governance, the author focuses in particular on the development discourse of the World Bank.

The Globalisation of Poverty

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Author :
Publisher : London, England ; Atlantic Highlands, NJ : Zed Books
ISBN 13 :
Total Pages : 292 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The Globalisation of Poverty by : Michel Chossudovsky

Download or read book The Globalisation of Poverty written by Michel Chossudovsky and published by London, England ; Atlantic Highlands, NJ : Zed Books. This book was released on 1997 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Overview of macroeconomic disaster in the making

Economic Governance in the Age of Globalization

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Publisher : Columbia University Press
ISBN 13 : 0231505752
Total Pages : 529 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis Economic Governance in the Age of Globalization by : William K. Tabb

Download or read book Economic Governance in the Age of Globalization written by William K. Tabb and published by Columbia University Press. This book was released on 2004-06-02 with total page 529 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rapid growth, reduced poverty, and stable societies: the announced benefits of the world economy celebrated by neoliberal proponents of "the Washington consensus" have failed to materialize. What does this failure mean for future world order and the U.S. role as global hegemon? Addressing this crucial question, William Tabb argues that global economic institutions such as the World Bank and the International Monetary Fund constitute a nascent international state for which all previous models of sovereignty, accountability and equity are inadequate. Integrating economics and political science, Tabb traces the emergence of this global state from the closing days of World War II and examines its future prospects. Even as the United States will continue to dominate the emerging structures of world governance, Tabb maintains, it will have to change the assumptions behind its championing of classical models of international free trade. A new financial architecture must encompass debt forgiveness, multilateral agreements on investment, and a more inclusive model of growth in the twenty-first century.

Debt, the IMF, and the World Bank

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Publisher : NYU Press
ISBN 13 : 1583674985
Total Pages : 372 pages
Book Rating : 4.5/5 (836 download)

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Book Synopsis Debt, the IMF, and the World Bank by : Eric Toussaint

Download or read book Debt, the IMF, and the World Bank written by Eric Toussaint and published by NYU Press. This book was released on 2010-09-01 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mainstream economists tell us that developing countries will replicate the economic achievements of the rich countries if they implement the correct “free-market”policies. But scholars and activists Toussaint and Millet demonstrate that this is patently false. Drawing on a wealth of detailed evidence, they explain how developed economies have systematically and deliberately exploited the less-developed economies by forcing them into unequal trade and political relationships. Integral to this arrangement are the international economic institutions ostensibly created to safeguard the stability of the global economy—the International Monetary Fund (IMF) and the World Bank—and the imposition of massive foreign debt on poor countries. The authors explain in simple language, and ample use of graphics, the multiple contours of this exploitative system, its history, and how it continues to function in the present day. Ultimately, Toussaint and Millet advocate cancellation of all foreign debt for developing countries and provide arguments from a number of perspectives—legal, economic, moral. Presented in an accessible and easily-referenced question and answer format, Debt, the IMF, and the World Bank is an essential tool for the global justice movement.

Rethinking Multilateralism in Foreign Aid

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Author :
Publisher : Routledge
ISBN 13 : 1000068315
Total Pages : 363 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Rethinking Multilateralism in Foreign Aid by : Viktor Jakupec

Download or read book Rethinking Multilateralism in Foreign Aid written by Viktor Jakupec and published by Routledge. This book was released on 2020-04-23 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited book provides a contemporary, critical and thought-provoking analysis of the internal and external threats to Western multilateral development finance in the twenty-first century. It draws on the expertise of scholars with a range of backgrounds providing a critical exploration of the neoliberal multilateral development aid. The contributions focus on how Western institutions have historically dominated development aid, and juxtapose this hegemony with the recent challenges from right-wing populist and the Beijing Consensus ideologies and practices. This book argues that the rise of right-wing populism has brought internal challenges to traditional powers within the multilateral development system. External challenges arise from the influence of China and regional development banks by providing alternatives to established Western dominated aid sources and architecture. From this vantagepoint, Rethinking Multilateralism in Foreign Aid puts forward new ideas for addressing the current global social, political and economic challenges concerning multilateral development aid. This book will be of interest to researchers, academics and students in the field of International Development and Global Governance, decision-makers at government level as well as to those working in international aid institutions, regional and bilateral aid agencies, and non-governmental organisations.