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The Who, What, and for Whom of the IMF
In this second miniseries of Season 2, "Global Finance", we're wrestling with the strangeness of living in a world that aspires to a level of global integration our current systems can't support - and maybe don't want to. The IMF and World Bank are complex forces in the world today. Located in and funded by countries that caused a great deal of financial inequality in the first place, is their austerity-driven approach to loan programs truly what many struggling nations need to break from cycles of poverty?
REFERENCES
Easterly, William. "The Effect of International Monetary Fund and World Bank Programs on Poverty", World Bank/IMF External Documents, 2000. https://www.imf.org/external/pubs/ft/staffp/2000/00-00/e.pdf
---. The White Man's Burden: Why the West's Efforts to Aid the Rest Have Done So Much Ill and So Little Good. Penguin Press, 2006.
Elliott, Larry. "The World Bank and the IMF won't admit their policies are the problem", The Guardian. 2016. https://www.theguardian.com/business/2016/oct/09/the-world-bank-and-the-imf-wont-admit-their-policies-are-the-problem
Fukuyama, Francis. The End of History. 1992.
"IMF Report: 2018 Review of Program Design and Conditionality", International Monetary Find. 2019. https://www.imf.org/en/Publications/Policy-Papers/Issues/2019/05/20/2018-Review-of-Program-Design-and-Conditionality-46910
Masters, Jonathan et al. "The IMF: The World’s Controversial Financial Firefighter", Council on Foreign Relations. 2021. https://www.cfr.org/backgrounder/imf-worlds-controversial-financial-firefighter
Martin, Eric. "IMF urges El Salvador to strip Bitcoin’s legal tender status", Al Jazeera. 2022. https://www.aljazeera.com/economy/2022/1/25/imf-urges-el-salvador-to-strip-bitcoins-legal-tender-status
Smith, Robert and Zoe Chace. "The Dollar At The Center Of The World", NPR Planet Money. 2014. https://www.npr.org/transcripts/331743569
Stubbs, Thomas et al. "How to evaluate the effects of IMF conditionality", The Review of International Organizations. 2018. https://link.springer.com/article/10.1007/s11558-018-9332-5
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By M L ClarkIn this second miniseries of Season 2, "Global Finance", we're wrestling with the strangeness of living in a world that aspires to a level of global integration our current systems can't support - and maybe don't want to. The IMF and World Bank are complex forces in the world today. Located in and funded by countries that caused a great deal of financial inequality in the first place, is their austerity-driven approach to loan programs truly what many struggling nations need to break from cycles of poverty?
REFERENCES
Easterly, William. "The Effect of International Monetary Fund and World Bank Programs on Poverty", World Bank/IMF External Documents, 2000. https://www.imf.org/external/pubs/ft/staffp/2000/00-00/e.pdf
---. The White Man's Burden: Why the West's Efforts to Aid the Rest Have Done So Much Ill and So Little Good. Penguin Press, 2006.
Elliott, Larry. "The World Bank and the IMF won't admit their policies are the problem", The Guardian. 2016. https://www.theguardian.com/business/2016/oct/09/the-world-bank-and-the-imf-wont-admit-their-policies-are-the-problem
Fukuyama, Francis. The End of History. 1992.
"IMF Report: 2018 Review of Program Design and Conditionality", International Monetary Find. 2019. https://www.imf.org/en/Publications/Policy-Papers/Issues/2019/05/20/2018-Review-of-Program-Design-and-Conditionality-46910
Masters, Jonathan et al. "The IMF: The World’s Controversial Financial Firefighter", Council on Foreign Relations. 2021. https://www.cfr.org/backgrounder/imf-worlds-controversial-financial-firefighter
Martin, Eric. "IMF urges El Salvador to strip Bitcoin’s legal tender status", Al Jazeera. 2022. https://www.aljazeera.com/economy/2022/1/25/imf-urges-el-salvador-to-strip-bitcoins-legal-tender-status
Smith, Robert and Zoe Chace. "The Dollar At The Center Of The World", NPR Planet Money. 2014. https://www.npr.org/transcripts/331743569
Stubbs, Thomas et al. "How to evaluate the effects of IMF conditionality", The Review of International Organizations. 2018. https://link.springer.com/article/10.1007/s11558-018-9332-5