The IMF and European economies
Subtitle: crisis and conditionality
By: Chris Rogers
Publisher: Palgrave Macmillan
Published: 2012
Place of publication: Houndmills, Basingstoke; New York, NY
Language: eng
Number of pages: 239
ISBN-13: 9780230300651
Subjects: Economic policy; Politics and government; Financial crises; International Monetary Fund
Description: With global markets in turmoil, financial crisis management is the vital topic of this decade. Examining the role that the International Monetary Fund has played since 1976, this volume explores: Britain's stand-by from the late 1970s, the Fund's apparent marginalization in the global economy following the Asian financial crisis, and early responses to the Greek sovereign debt crisis. By focusing on the ideas and interests of domestic policy-makers, Rogers is able to demonstrate how the Fund has been used by domestic economic policy-making elites to reconcile contradictions between accumulation and legitimation that appear inherent to the social relations of capitalism.
Notes: Includes bibliographical references and index.