The Library
Back to basics : the Great Recession and the narrowing of IMF policy advice
Tools
Tools
Tools
Broome, André (2015) Back to basics : the Great Recession and the narrowing of IMF policy advice. Governance, 28 (2). pp. 147-165. doi:10.1111/gove.12098 ISSN 0952-1895.
![[img]](https://wrap.warwick.ac.uk/style/images/fileicons/application_pdf.png) |
PDF
WRAP_1170063-pais-030216-broome_-_back_to_basics_-_the_great_recession_and_the_narrowing_of_imf_policy_advice.pdf - Accepted Version - Requires a PDF viewer. Download (1387Kb) |
Official URL: http://dx.doi.org/10.1111/gove.12098
Abstract
This article contributes to the literature on the dynamics of change and continuity in the International Monetary Fund's (IMF's) policy paradigm. The IMF embarked on a process of “streamlining conditionality” during the 2000s, but many observers have argued that the IMF's policy paradigm from the 1990s remains intact. This article examines whether the scope of the IMF's policy advice to borrowers during the Great Recession narrowed in comparison to its advice to borrowers during the heyday of the Washington consensus in the 1980s and 1990s. The article uses qualitative content analysis to establish the frequency of a series of policy dialogue indicators in four sample sets of countries requesting IMF stand-by arrangements over three decades. The evidence suggests that contemporary IMF policy advice to borrowers continues to stress the importance of fiscal consolidation, with reduced emphasis on promoting the structural economic reforms associated with the Washington consensus era.
| Item Type: | Journal Article | ||||||
|---|---|---|---|---|---|---|---|
| Subjects: | J Political Science > JC Political theory | ||||||
| Divisions: | Faculty of Social Sciences > Politics and International Studies | ||||||
| Library of Congress Subject Headings (LCSH): | Global Financial Crisis, 2008-2009, International Monetary Fund, International agencies | ||||||
| Journal or Publication Title: | Governance | ||||||
| Publisher: | Wiley-Blackwell Publishing Ltd. | ||||||
| ISSN: | 0952-1895 | ||||||
| Official Date: | April 2015 | ||||||
| Dates: |
|
||||||
| Volume: | 28 | ||||||
| Number: | 2 | ||||||
| Number of Pages: | 19 | ||||||
| Page Range: | pp. 147-165 | ||||||
| DOI: | 10.1111/gove.12098 | ||||||
| Status: | Peer Reviewed | ||||||
| Publication Status: | Published | ||||||
| Access rights to Published version: | Restricted or Subscription Access | ||||||
| Date of first compliant deposit: | 12 February 2016 | ||||||
| Date of first compliant Open Access: | 28 July 2016 | ||||||
| Funder: | Seventh Framework Programme (European Commission) (FP7) | ||||||
| Grant number: | 266809-GR:EEN (FP7) |
Request changes or add full text files to a record
Repository staff actions (login required)
 |
View Item |
Downloads
Downloads per month over past year
