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The Politics of IMF LendingThe Impact of the Shareholders on IMF Programs

The Politics of IMF Lending: The Impact of the Shareholders on IMF Programs [The previous chapter set out the conditions under which domestic interests in the G5 influence government policy toward the IMF. Recognizing that domestic political processes drive government behavior, this chapter outlines the international political processes by which governments reach collective decisions over high-level IMF policies. To achieve this, it presents several critical insights into international politics at the IMF including (a) the strength of the G5 relative to the other member-states represented at the Executive Board, (b) the process by which G5 governments cooperate among themselves to influence decisions, (c) the officials appointed by the G5 that act on its behalf at the Executive Board, and finally (d) the power of the G5 relative to the IMF’s professional staff.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

The Politics of IMF LendingThe Impact of the Shareholders on IMF Programs

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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
43 –67
DOI
10.1057/9781137263810_4
Publisher site
See Chapter on Publisher Site

Abstract

[The previous chapter set out the conditions under which domestic interests in the G5 influence government policy toward the IMF. Recognizing that domestic political processes drive government behavior, this chapter outlines the international political processes by which governments reach collective decisions over high-level IMF policies. To achieve this, it presents several critical insights into international politics at the IMF including (a) the strength of the G5 relative to the other member-states represented at the Executive Board, (b) the process by which G5 governments cooperate among themselves to influence decisions, (c) the officials appointed by the G5 that act on its behalf at the Executive Board, and finally (d) the power of the G5 relative to the IMF’s professional staff.]

Published: Oct 12, 2015

Keywords: Vote Power; Police Patrol; International Financial System; Borrowing Country; Formal Vote

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