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The Politics of IMF LendingIntroduction

The Politics of IMF Lending: Introduction [International organizations have come to play a prominent role in an increasingly interdependent world. The International Monetary Fund (IMF), in particular, is one of the most important international organizations in modern times. Every year for the last decade, more than one billion people have lived in countries under IMF supervision. Only a handful of developing countries have not participated in an IMF program, and this list grows smaller every year. As a result, the extent of its involvement in the societies of developing countries is remarkable. When taken together with the depth of its involvement in national policy-making, via conditionality, its role is unique in contemporary international relations (IR). Few international organizations can claim to have such a broad reach while still retaining the ability to make and enforce decisions that affect the core functions of sovereign states.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

The Politics of IMF LendingIntroduction

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Publisher
Palgrave Macmillan UK
Copyright
© Palgrave Macmillan, a division of Macmillan Publishers Limited 2013
ISBN
978-1-349-44277-5
Pages
1 –9
DOI
10.1057/9781137263810_1
Publisher site
See Chapter on Publisher Site

Abstract

[International organizations have come to play a prominent role in an increasingly interdependent world. The International Monetary Fund (IMF), in particular, is one of the most important international organizations in modern times. Every year for the last decade, more than one billion people have lived in countries under IMF supervision. Only a handful of developing countries have not participated in an IMF program, and this list grows smaller every year. As a result, the extent of its involvement in the societies of developing countries is remarkable. When taken together with the depth of its involvement in national policy-making, via conditionality, its role is unique in contemporary international relations (IR). Few international organizations can claim to have such a broad reach while still retaining the ability to make and enforce decisions that affect the core functions of sovereign states.]

Published: Oct 12, 2015

Keywords: International Monetary Fund; Large Shareholder; International Relation; Sovereign Debt Crisis; International Monetary Fund Program

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