2,775
Views
45
CrossRef citations to date
0
Altmetric
Original Articles

Professional ties that bind: how normative orientations shape IMF conditionality

REFERENCES

  • Abbott, A. (2005) ‘Linked ecologies: states and universities as environments for professions’, Sociological Theory 23(3): 245–74.
  • Achen, C. H. (2005) ‘Let's put garbage-can regressions and garbage-can probits where they belong’, Conflict Management and Peace Science 22(4): 327–39.
  • Adler, E. and Haas P. M. (1992) ‘Conclusion: epistemic communities, world order, and the creation of a reflective research program’, International Organization 46(1): 367–90.
  • Babb, S. (2003) ‘The IMF in sociological perspective: a tale of organizational slippage’, Studies in Comparative International Development 38(2): 3–27.
  • Bank for International Settlements (2007) Historical time series. Available at: http://www.bis.org.statistics/histstats9.htm (accessed 9 January 2007).
  • Barnett, M. and Finnemore, M. (2004) Rules for the World: International Organizations in Global Politics, Ithaca, NY: Cornell University Press.
  • Beck, N., Katz, J. N. and Tucker, R. (1998) ‘Taking time seriously: time-series-cross-section analysis with a binary dependent variable’, American Journal of Political Science 42(4): 1260–88.
  • Beck, T., Clarke, G., Groff, A., Keefer, P. and Walsh, P. (2001) ‘New tools in comparative political economy: the database of political institutions’, World Bank Economic Review 15(1): 165–76.
  • Berry, W. D., Golder, M., and Milton, D. (2012) ‘Improving tests of theories positing interactions’, Journal of Politics 74(3): 653–71.
  • Bird, G. (2009) ‘Reforming IMF conditionality: from “Streamlining” to “Major overhaul”‘, World Economics 10(3): 81–104.
  • Bird, G. and Dane, R. (2003) ‘Political economy influences within the life-cycle of IMF programmes’, World Economy 26(9): 1255–78.
  • Bird, G. and Willett, T. D. (2004) ‘IMF conditionality, implementation and the new political economy of conditionality’, Comparative Economic Studies 46(3): 423–450.
  • Boughton, J. (2001) Silent Revolution: The International Monetary Fund, 1979-1989. Washington, DC: IMF.
  • Brambor, T., Clark, W. R. and Golder, M. (2006) ‘Understanding interaction models: improving empirical analysis’, Political Analysis 14(1): 63–82.
  • Breen, M. (2012) ‘IMF conditionality and the economic exposure of its shareholders’, European Journal of International Relations doi: 10.1177/1354066112448257.
  • Broad, R. and Cavanagh, J. (2014) ‘The global fight against corporate rule’, The Nation. Available at: http://www.thenation.com/article/177930/global-fight-against-corporate-rule# (accessed 20 February 2014).
  • Broome, A. (2010) The Currency of Power: The IMF and Monetary Reform in Central Asia, Basingstoke: Palgrave Macmillan.
  • Broz, J. L. and Hawes, M. B. (2006) ‘Congressional politics of financing the international monetary fund’, International Organization 60(2): 367–99.
  • Carter, D. and Signorino, C. S. (2010) ‘Back to the future: modeling time dependence in binary data’, Political Analysis 18(3): 271–92.
  • Cheibub, J. A., Gandhi, J. and Vreeland, J. A. (2010) ‘Democracy and dictatorship revisited’, Public Choice 143(1/2): 67–101.
  • Cline, N., Ford, K. and Vernengo, M. (2010) ‘Because I said so: the persistence of mainstream policy advice’, Journal of Philosophical Economics 3(2): 97–121.
  • Chwieroth, J. (2007) ‘Testing and measuring the role of ideas: the case of neoliberalism in the International Monetary Fund’, International Studies Quarterly 51(1): 5–30.
  • Chwieroth, J. (2010) Capital ideas: the IMF and the rise of financial liberalization, Princeton, NJ: Princeton University Press.
  • Chwieroth, J. (2013a) ‘“The silent revolution”: how the staff exercise informal governance over IMF lending’, Review of International Organizations 8(2): 265–90.
  • Chwieroth, J. (2013b) ‘Controlling capital: the International Monetary Fund and transformative incremental change from within international organisations’, New Political Economy doi: 10.1080/13563467.2013.796451.
  • Chwieroth, J. (2014) ‘Managing and transforming policy stigmas in international finance: emerging markets and controlling capital inflows after the crisis’, Review of International Political Economy, doi: 10.1080/09692290.2013.851101.
  • Colander, D. (2008) The Making of an Economist, Redux, Princeton, NJ: Princeton University Press.
  • Colander, D. and Klamer, A. (1987) ‘The making on an economist’, Journal of Economic Perspectives 12(4): 95–111.
  • Copelovitch, M. (2010) The International Monetary Fund in the Global Economy: Banks, Bonds, and Bailouts, Cambridge, UK: Cambridge University Press.
  • Cortell, A. P. and Davis, J. W. (1996) ‘How do international institutions matter? The domestic impact of international rules and norms’, International Studies Quarterly 40(4): 451–78.
  • Cortell, A. P. and Davis, J. W. (2000) ‘Understanding the domestic impact of international norms: a research agenda’, International Studies Review 2(1): 65–87.
  • Cortell, A. P. and Peterson, S. (2006) ‘Dutiful agents, rogue states, or both? Staffing, voting rules, and slack in the WHO and WTO’, in D. G. Hawkins, D. A. Lake, D. L. Nielson and M. J. Tierney (eds) Delegation and Agency in International Organizations, Cambridge, UK: Cambridge University Press.
  • Dai, X. (2010) International Institutions and National Policies, Cambridge, UK: Cambridge University Press.
  • DiMaggio, P. J. and Powell, W. W. (1983) ‘The iron cage revisited: institutional isomorphism and collective rationality in organizational fields’, American Sociological Review 48(2):147–60.
  • Dreher, A. and Jensen, N. M. (2007) ‘Independent actor or agent? An empirical analysis of the impact of U.S. interests on International Monetary Fund conditions’, Journal of Law and Economics 50(1): 105–24.
  • Dreher, A. and Vaubel, R. (2004) ‘The causes and consequences of IMF conditionality’, Emerging Markets Finance and Trade 40(3): 26–54.
  • Dreher, A., Marchesi, S. and Vreeland, J. R. (2008) ‘The political economy of IMF forecasts’, Public Choice 137(1): 145–71.
  • Easterly, W. (2001) The Elusive Quest for Growth: Economists’ Adventures and Misadventures in the Tropics, Cambridge: MIT Press.
  • Edwards, K. and Hsieh, W. (2011) ‘Recent changes in IMF lending’, Reserve Bank of Australia Bulletin – December Quarter, Available at: http://www.rba.gov.au/publications/bulletin/2011/dec/8.html (accessed 20 February 2014).
  • Fang, S. and Stone, R. W. (2012) ‘International organizations as policy advisors’, International Organization 66(3): 537–69.
  • Finnemore, M. and Sikkink, K. (1998) ‘International norm dynamics and political change’, International Organization 52(4): 887–917.
  • Fourcade, M. (2009) Economists and Societies: Discipline and Profession in the United States, Britain, and France, 1890s to 1990s, Princeton: Princeton University Press.
  • Gallagher, K. (ed) (2005) Putting Development First: The Importance of Policy Space in the WTO and IFIs, London: Zed Books.
  • Gallagher, K. (2011) ‘Losing control: policy space for capital controls in trade and investment agreements’, Development Policy Review 29(4): 387–413.
  • Gabor, D. (2010) ‘The International Monetary Fund and its new economics’, Development and Change 41(5): 805–30.
  • Gabor, D. (2012) ‘Managing capital accounts in emerging markets: lessons from the global financial crisis’, Journal of Development Studies 48(6): 714–31.
  • Gould, E. (2006) Money Talks: The International Monetary Fund, Conditionality, and Supplementary Financiers. Palo Alto: Stanford University Press.
  • Grabel, I. (2010) Cementing neoliberalism in the developing world: ideational and institutional constraints on policy space, in S. R. Khan and J. Christiansen (eds) Towards New Developmentalism: Market as Means Rather than Master, London, UK: Routledge.
  • Grabel, I. (2011) ‘Not your grandfather's IMF: global crisis, “productive incoherence” and developmental policy space’, Cambridge Journal of Economics 35(5): 805–30.
  • Grabel, I. (2014) ‘The rebranding of capital controls in an era of productive incoherence’, Review of International Political Economy, doi: 10.1080/09692290.2013.836677.
  • Haas, P.M. (1992) ‘Epistemic communities and international policy coordination’, International Organization 46(1): 1–35.
  • Hawkins, D. G, Lake, D. A., Nielson, D. L. and Tierney, M. J. (eds) (2006) Delegation and Agency in International Organizations, Cambridge, UK: Cambridge University Press.
  • Hayter, T. (1971) Aid as Imperialism, Baltimore, MD: Penguin Books.
  • Ho, D. E, Imai, K., King G. and Stuart, E. A. (2007) ‘Matching as nonparametric preprocessing for reducing model dependence in parametric causal inference’, Political Analysis 15(3): 199–236.
  • Independent Evaluation Office. (2003) IMF and Recent Capital Account Crises: Indonesia, Korea, Brazil, Washington, DC: IMF.
  • Independent Evaluation Office (2007a) IEO Evaluation of IMF Exchange Rate Policy Advice, Washington, DC: IMF.
  • Independent Evaluation Office (2007b) An IEO Evaluation of Structural Conditionality in IMF-supported Programs, Washington, DC: IMF.
  • Independent Evaluation Office (2010) IMF Interactions with Member Countries, Washington, DC: IMF.
  • International Monetary Fund (1998) Selected decisions and selected documents of the international monetary fund, 33rd Issue, Washington, DC: International Monetary Fund.
  • International Monetary Fund (2009) ‘Review of recent crisis programs’. Available at: http://www.imf.org/external/np/pp/eng/2009/091409.pdf (accessed 13 January 2014).
  • International Monetary Fund (2011a) ‘Review of crisis programs.’ Available at: http://www.imf.org/external/np/spr/2011/crisprorev/ (accessed 13 January 2014).
  • International Monetary Fund (2011b) ‘2011 review of conditionality: overview paper.’ Available at: http://www.imf.org/external/np/pp/eng/2012/061912A.pdf (accessed 13 January 2014).
  • International Monetary Fund (2011c) ‘Review of conditionality: background paper 1: content and application of conditionality.’ Available at: http://www.imf.org/external/np/pp/eng/2012/061812.pdf (accessed 13 January 2014).
  • Johnston, A. I. (2005). ‘Conclusions and extensions: toward mid-range theorizing and beyond Europe’, International Organization 59(4): 1013–44.
  • Johnston, A. I. (2008) Social States: China in International Institutions, 1980–2000, Princeton, NJ: Princeton University Press.
  • Kahler, M., Ed. (2009). Networked Politics: Agency, Power, and Governance. Ithaca, NY: Cornell University Press.
  • Kattel, R. and Raudla, R. (2013) ‘The Baltic Republics and the crisis of 2008–2011’, Europe-Asia Studies 65(3): 426–49.
  • Kang, S. (2007) ‘Agree to reform? The political economy of conditionality variation in International Monetary Fund lending, 1983–1997’, European Journal of Political Research 46(5): 685–720.
  • Klamer, A. and Colander, D. (1990) The Making of an Economist, Boulder, CO: Westview Press.
  • Kleine, M. (2013) Informal Governance in the European Union: How Governments Make International Organizations Work, Ithaca, NY: Cornell University Press.
  • Kogut, B. and MacPherson, J. M. (2008) ‘The decision to privatize: economists and the construction of ideas and policies’, in B. A. Simmons, F. Dobbin and G. Garrett (eds) The Global Diffusion of Markets and Democracy, Cambridge, UK: Cambridge University Press.
  • Kydland, F. E., and Prescott, E. C. (1977) ‘rules rather than discretion: the inconsistency of optimal plans’, Journal of Political Economy 85(3): 473–492.
  • Lütz, S. and Kranke, M. (2013) ‘The European rescue of the Washington Consensus? EU and IMF lending to Central and Eastern European countries’, Review of International Political Economy, doi: 10.1080/09692290.2012.747104.
  • Martin, L. (2006) ‘Distribution, information, and delegation to international organizations: the case of IMF conditionality’, in D. G. Hawkins, D. A. Lake, D. L. Nielson, and M. J. Tierney (eds) Delegation and Agency in International Organizations, Cambridge, UK: Cambridge University Press.
  • Momani, B. (2004) ‘American politicization of the International Monetary Fund’, Review of International Political Economy 11(5): 880–904.
  • Momani, B. (2005a) ‘IMF staff: missing link in fund reform proposals’, Review of International Organizations 2(1): 39–57.
  • Momani, B. (2005b) ‘Limits on streamlining fund conditionality: the International Monetary Fund's organizational culture’, Journal of International Relations and Development 8(2): 142–63.
  • Mussa, M. and Savastano, M. A. (1999) The IMF approach to economic stabilization. IMF Working Paper WP/99/104. Washington: International Monetary Fund.
  • Nelson, S. C. (2014a) ‘The International Monetary Fund's evolving role in global economic governance’, in M. Moschella and C. Weaver (eds) Handbook of Global Economic Governance: Players, Power and Paradigms, New York: Routledge.
  • Nelson, S. (2014b) ‘Playing favorites: how shared beliefs shape the IMF's lending decisions’, International Organization (forthcoming).
  • Oatley, T. and Yackee, J. (2004) ‘American interests and IMF lending’, International Politics 41(3): 41–429.
  • Parks, B. C. (2012) ‘Understanding the conditions under which external incentives for reform are most effective: The case of the Millennium Challenge Account’, Unpublished doctoral dissertation, London School of Economics, Department of International Relations.
  • Payer, C. (1974) The Debt Trap, Harmondsworth, UK: Penguin Books.
  • Pop-Eleches, G. (2008) ‘Crisis in the eye of the beholder: economic crisis and partisan politics in Latin American and East European IMF programs’, Comparative Political Studies 410(9): 1179–211.
  • Pop-Eleches, G. (2009) From Economic Crisis to Reform: IMF Programs in Latin America and Eastern Europe, Princeton, NJ: Princeton University Press.
  • Reinhart, C. and Rogoff, K. (2008) This Time is Different: Eight Centuries of Financial Folly, Princeton: Princeton University Press.
  • Seabrooke, L. and Tsingou, E. (2009) ‘Revolving doors and linked ecologies in the world economy: policy locations and the practice of international financial reform’, CSGR Working Paper 260/09. Coventry, UK: Centre for the Study of Globalisation and Regionalisation, University of Warwick.
  • Shadlen, K. (2005) ‘Exchanging development for market access? Deep integration and industrial policy under multilateral and regional-bilateral trade agreements’, Review of International Political Economy 12(5): 750–75.
  • Southard, F. A. (1979) The Evolution of the International Monetary Fund, Princeton, NJ: Department of Economics, Princeton University.
  • Steinwand, M. C and Stone, R. W. (2008) ‘The International Monetary Fund: a review of the recent evidence’, Review of International Organizations 3(2): 123–49.
  • Stiglitz, J. E. (2002) Globalization and its Discontents, New York: Norton.
  • Stone, R. W. (2008) ‘The scope of IMF conditionality’, International Organization 62(4): 589–620.
  • Stone, R. W. (2011) Controlling Institutions: International Organizations and the Global Economy, Cambridge: Cambridge University Press.
  • Van Waeyenberge, E., Bargawi, H. and McKinley, T. (2010) Standing in the way of development? A critical survey of the IMF's crisis response in low-income countries, Eurodad and Third World Network. Available at: http://www.twnside.org.sg/title2/finance/docs/n.papers/Standing.in.the.way.of.development_FINAL.PDF (accessed 20 February 2014).
  • Vetterlein, A. and Moschella, M. (2014) ‘International organizations and organizational fields: explaining policy change in the IMF’, European Political Science Review 6(1): 143–65.
  • Vreeland, J. (2003) The IMF and Economic Development, Cambridge: Cambridge University Press.
  • Wade, R. (2003) ‘What strategies are viable for developing countries today? The WTO and the shrinking of “development space”‘, Review of International Political Economy 10(4): 627–44.
  • Weaver, C. (2008) Hypocrisy Trap: The World Bank and the Poverty of Reform, Princeton: Princeton University Press.
  • Weisbrot, M., Ray, R., Johnston, J., Cordero, J. A. and Montecino, J. A. (2009) ‘IMF-supported macroeconomic policies and the world recession: a look at forty-one borrowing countries’, Center for Economic and Policy Research Working Paper (October). Available at: http://www.cepr.net/documents/publications/imf-2009-10.pdf (accessed 13 January 2014).
  • Weymouth, S. and MacPherson, J. M. (2012) ‘The social construction of policy reform: economists and trade liberalization around the world’, International Interactions 38(5): 670–702.
  • Willett, T. D. (2002) ‘Toward a broader public-choice analysis of the International Monetary Fund’, in D. M. Andrews, C. R. Henning and L. Pauly (eds) Governing the World's Money, Ithaca, NY: Cornell University Press.
  • Woods, N. (2006) The Globalizers: The IMF, the World Bank, and their Borrowers, Ithaca, NY: Cornell University Press.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.