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The Politics of IMF Lending

The Politics of IMF Lending

M. Breen

Palgrave Macmillan
Collection: International Political Economy Series
Publication date : 2013-08-15

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As national governments continue to disagree over how to respond to the aftermath of the global financial crisis, two of the few areas of consensus were the decisions to increase the IMF's capacity to respond and remove the policies designed to limit the use of its resources. Why was this massive increase in the size of the IMF, accompanied by the removal of policies designed to limit moral hazard, such an easy point of consensus? Michael Breen looks at the hidden politics behind IMF lending and proposes a new theory based on shareholder control. To test this theory, he combines statistical analysis with a sweeping account of IMF lending and conditionality during two global crises; the European sovereign debt crisis and the Asian financial crisis.

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About the book

Author

M. Breen

Imprint

Palgrave Macmillan

Collection

International Political Economy Series

Publication date

2013-08-15

Pages

219 pages

Print ISBN

9781137263803

Language

English

Ebook informations

EAN PDF

9781137263810

Price

£44.99

Copy count 2

Print count 21

File size 1475 Ko

Informations accessibility

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About author(s)

M. Breen

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