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Item Details
| Title:
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THE CURRENCY OF POWER
THE IMF AND MONETARY REFORM IN CENTRAL ASIA |
| By: |
Andre Broome |
| Format: |
Electronic book text |
| List price:
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£67.56 |
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We believe that this item is permanently unavailable, and so we cannot source
it.
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| ISBN 10: |
0230278051 |
| ISBN 13: |
9780230278059 |
| Publisher: |
PALGRAVE MACMILLAN |
| Pub. date: |
10 March, 2010 |
| Description: |
This book examines how the International Monetary Fund engages in the politics of ideas to shape domestic institutional change. Drawing on case studies from post-Soviet Central Asia, Andre Broome explains that how governments interpret their policy options mediates the IMF's influence over economic reform during periods of crisis and uncertainty. |
| Synopsis: |
States aggressively defend their right to make national monetary policy choices as a fundamental sovereign prerogative. This book examines how the International Monetary Fund engages in the politics of ideas to shape monetary system change in conditions of extreme economic uncertainty. Drawing on case studies from post-Soviet Central Asia, Andre Broome explains that how governments interpret their policy options mediates the IMF's influence over policy reform in periods of financial crisis. The book also shows how IMF staff play a larger role in determining access to loans than is often recognized by scholars who focus on major power influence on the IMF. By acting as a reputational intermediary, the IMF attempts to boost its impact on national policy reform in exchange for improving the sovereign creditworthiness of borrower states, but its influence over the implementation of formal policy changes is often frustrated by everyday politics. |
| Illustrations: |
22, 1 maps, 18 figures, 3 black & white tables |
| Publication: |
UK |
| Imprint: |
Palgrave Macmillan |
| Returns: |
Non-returnable |
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