The Future of the Global Economic Organizations

An Evaluation of Criticisms Leveled at the Imf, the Multilateral Development Banks, and the Wto
Erscheinungsjahr 2005
ISBN: 978-1-57105-299-5
Verlag: Brill

Buch, Englisch, Band 5, 544 Seiten, Format (B × H): 155 mm x 235 mm, Gewicht: 998 g

Reihe: International Law and Development

This book off ers a skilled arms-length evaluation, from a legal perspective, of the main criticisms that have been leveled recently at the key global economic organizations - that is, the International Monetary Fund (IMF), the World Bank and its fellow multilateral developmental banks (MDBs), and the World Trade Organization (WTO). THE FUTURE OF THE GLOBAL ECONOMIC ORGANIZATIONS stands out from most of the growing body of literature on the IMF, MDBS, and the WTO in two main respects: the book's scope and the author's experience. Whereas numerous commentators have focused on particular strengths and weaknesses of one or the other of the GEOs, and have argued for changes on the basis of specific areas of operation, this book takes a wider view to examine all the GEOs at once.

This broader scope reveals commonalities in the criticisms. For example, complaints about so-called "democracy deficit" obviously can be applied to all GEOs but with diff erent nuances in emphasis and sting. Against the background of his own experience as a legal counsel for one of the regional MDBs and for the IMF and a legal career that has focused on international economic law, Head distills the swarm of complaints leveled at the IMF, MDBS, and the WTO into 25 specific criticisms and then off ers succinct explanations of why some of those criticisms should be dismissed, why some of them are valid, and how those valid criticisms should form the basis for an important restructuring of the institutions, including amendments to the charters that establish and govern their operations. Head speaks largely to three audiences here: persons in various professional positions; persons in national governments and politics around the world who are responsible for implementing their government's foreign policy; and to more general curious readers on whose involvement in civic life any society ultimately depends.

Autoren/Hrsg.

Head, John

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Entwicklungsökonomie & Emerging Markets
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Internationaler Handel
• Sozialwissenschaften Politikwissenschaft Internationale Beziehungen Internationale Organisationen und Institutionen

Inhaltsverzeichnis

Contents; Preface and Acknowledgments; Glossary of Abbreviations and Acronyms;
Chapter One • Introduction and Synopsis;
Chapter Two • Foundations and Key Features of the GEOs;
Chapter Three • Evaluating the Criticisms Directed at the IMF;
Chapter Four • Evaluating the Criticisms Directed at the MDBs;
Chapter Five • Evaluating the Criticisms Directed at the WTO;
Chapter Six • Conclusions and Prescriptions for Change;
Appendices (including an annotated survey of critical literature and the
charters of all the GEOs);Selected Bibliography;Index

Über Autor(innen)

John W. Head is Professor of Law at the University of Kansas. Previously, he was Legal Counsellor with the IMF and the Asian Development Bank (Manila, Philippines).