Banking

Download World Bank: A Critical Analysis by Cheryl Payer PDF

Posted On April 11, 2017 at 6:45 pm by / Comments Off on Download World Bank: A Critical Analysis by Cheryl Payer PDF

By Cheryl Payer

A cautious research of the Bank's personal coverage papers and experiences, which outlines its philosophy of improvement and the concrete results of its tasks.

Show description

Read Online or Download World Bank: A Critical Analysis PDF

Best banking books

Applications of Data Mining in E-Business and Finance

The applying of knowledge Mining (DM) applied sciences has proven an explosive development in increasingly more varied parts of industrial, executive and technology. of an important company parts are finance, specifically in banks and insurance firms, and e-business, akin to net portals, e-commerce and advert administration prone.

Advanced Fixed Income Analysis, Second Edition

Every one new bankruptcy of the second one version covers a side of the fastened source of revenue industry that has develop into proper to traders yet isn't coated at a complicated point in latest textbooks. this can be fabric that's pertinent to the funding judgements yet isn't freely on hand to these now not originating the goods.

Additional resources for World Bank: A Critical Analysis

Sample text

47), for instance, found that ‘the creation of most ... forms of conditionality can be traced to the IMF staff and the intellectual equipment they use,’ rather than to the pressures of powerful states. Similarly, Catherine Weaver (2008b) has shown that the introduction of gender issues in the development agenda of the World Bank is largely attributed to internal advocates rather than to preferences of member states. Hence, IMF staff are policy entrepreneurs that elaborate new ideas and promote their ideas, trying to shape other actors’ interests in ways that reflect their normative commitments (Finnemore and Sikkink, 1998, p.

In other words, countries’ resistance to the IMF’s activities, in the form of both formal opposition during the negotiations or refusal to accept the IMF’s approach in the conduct of domestic monetary policy, would have undermined the process of policy change. The second constituency is made up of academic economists and the economics profession at large. This constituency is particularly relevant to the IMF’s activities because of the close links between IMF staff members and the profession. As has been widely recognized, IMF staff members are primarily recruited from the economics profession and their educational background significantly shapes the organization’s policies (Barnett and Finnemore, 2004, ch.

If one economic strategy fails, policy makers try another. If it works, policy makers stick with it. Take, for instance, the ideas on economic development embodied in the Washington consensus. 17 Given the possibility of ideational evolution, it is necessary to recognize that even the sponsors of an idea can change over time. For instance, IMF staff members were the sponsors of the idea of orderly liberalization in the first half of the 1990s. As the idea was transformed into that of market-led liberalization, however, sponsorship shifted to regulatory and private-sector circles The second assumption suggests that the influence of ideas does not only vary over time but also across actors.

Download PDF sample

Rated 4.61 of 5 – based on 32 votes