The Globalizers

by Woods, Ngaire

• ISBN13: 9780801474200
• ISBN10: 0801474205
• Format: Paperback
• Copyright: 2007-11-01
• Publisher: Cornell Univ Pr

Summary

The greatest success of the International Monetary Fund and the World Bank has been as globalizers. But at whose cost? Would borrowing countries be better off without the IMF and World Bank? This book takes readers inside these institutions and the governments they work with. Ngaire Woods brilliantly decodes what they do and why they do it, using original research, extensive interviews carried out across many countries and institutions, and scholarship from the fields of economics, law, and politics.The Globalizers focuses on both the political context of IMF and World Bank actions and their impact on the countries in which they intervene. After describing the important debates between U.S. planners and the Allies in the 1944 foundation at Bretton Woods, she analyzes understandings of their missions over the last quarter century. She traces the impact of the Bank and the Fund in the recent economic history of Mexico, of post-Soviet Russia, and in the independent states of Africa. Woods concludes by proposing a range of reforms that would make the World Bank and the IMF more effective, equitable, and just.

Author Biography

Ngaire Woods is a Tenured Fellow at University College, Oxford, and Director of the Global Economic Governance Programme at Oxford University

Table of Contents

Acknowledgments	p. ix
Introduction	p. 1
Whose Institutions?	p. 15
The Globalizing Mission	p. 39
The Power to Persuade	p. 65
The Mission in Mexico	p. 84
Mission Creep in Russia	p. 104
Mission Unaccomplished in Africa	p. 141
Reforming the IMF and World Bank	p. 179
References	p. 215
Index	p. 241
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