Controlling the World Bank and IMF [electronic resource] : shareholders, stakeholders, and the politics of concessional lending /
Clegg, Liam.author.
Liam Clegg provides an innovative reading of where power lies in the institutions' concessional lending operations, drawing its focus on shareholders and stakeholders from staffs' own understandings of their operational environments.
Description based upon print version of record.
""Cover""; ""Contents""; ""List of Figures and Tables""; ""Preface""; ""Acknowledgements""; ""List of Abbreviations""; ""1 Introduction""; ""1.1 Locating shareholders and stakeholders at the World Bank and IMF""; ""1.2 Models of control in international organisations: The rationalist pathway""; ""1.3 Models of control in international organisations: The constructivist pathway""; ""1.4 Integrating the rationalist and constructivist models""; ""1.5 Opening the door to normative judgement son the politics of control""; ""1.6 Overview of the book""
""2 Shareholder Control and the Rise of Poverty Reduction at the World Bank""""2.1 Performance measurement and norm change at the World Bank""; ""2.2 A brief history of the International Development Association""; ""2.3 Poverty reduction as a monitoring and legitimation device""; ""2.4 Filling the world with poverty indicators""; ""2.5 The results agenda and the internal â€?battlefield of knowledgeâ€?""; ""3 Shareholder Conflicts and the Rise of Social Spending at the IMF""; ""3.1 Money, information, and control at the IMF""; ""3.2 Constructing the Fundâ€?s balance-of-payments expertise""
""3.3 Stepping into concessional lending""""3.4 Launching structural adjustment, exceeding the mandate?""; ""3.5 Making the Fund into a long-term development partner""; ""4 The World Bank and the Reconstruction of Stakeholder Engagement""; ""4.1 Agents, ideas, and the entrance of stakeholders into the World Bank""; ""4.2 The invisibility of stakeholders in the Bankâ€?s early years""; ""4.3 The evolution of direct stakeholder engagement in project lending""; ""4.4 Policy-based lending and stakeholder control as a domestic governance tool""
""5 Apolitical Economy and the Limits to Stakeholder Engagement at the IMF""""5.1 The exclusionary power of expertise at the IMF""; ""5.2 Normalising the practice of stakeholder disengagement""; ""5.3 The rise of the disciplinary stakeholder""; ""5.4 Slowly expanding direct stakeholder input into operational processes""; ""6 Conclusion""; ""6.1 Shareholder control: Review of key findings""; ""6.2 Stakeholder control: Review of key findings""; ""6.3 Navigating the shareholderâ€?stakeholder dichotomy""; ""6.4 Post-crisis developments at the World Bank""
""6.5 Post-crisis developments at the IMF""""Notes""; ""Bibliography""; ""Index""
Includes bibliographical references and index.
Liam Clegg provides an innovative reading of where power lies in the institutions' concessional lending operations, drawing its focus on shareholders and stakeholders from staffs' own understandings of their operational environments.
World Bank.
International Monetary Fund.
Economic policy.
Political economy.
International relations.
Development economics.
International economics.
International organization.
Economic Policy.
International Political Economy.
International Relations.
Development Economics.
International Economics.
International Organization.