The Currency of Confidence by Stephen C Nelson

The Currency of Confidence by Stephen C Nelson

The IMF is a purposive actor in world politics, primarily driven by a set of homogenous economic ideas, Stephen C. Nelson suggests, and its professional staff emerged from an insular set of American-trained economists. The IMF treats countries differently depending on whether that staff trusts the country's top officials; that trust in turn depends on the educational credentials of the policy team that Fund officials face across the negotiating table. Intellectual differences thus lead to lasting economic effects for the citizens of countries seeking IMF support.Based on deep archival research in IMF archives and personnel files, Nelson argues that the IMF has been the Johnny Appleseed of neoliberalism: neoliberal policymakers sprout and take root in countries that have spent recent decades living under the Fund’s conditional lending arrangements. Nelson supports his argument through quantitative measures and illustrates the dynamics of relations between the Fund and client countries in a detailed examination of newly available archives of four periods in Argentina’s long and often bitter relations with the IMF. The Currency of Confidence ends with Nelson’s examination of how the IMF emerged from the global financial crisis as an unexpected victor.

An excellent book that introduces important evidence about the politics of International Monetary Fund (IMF) lending... The book builds a convincing case by combining careful quantitative analysis that establishes the general pattern with thorough qualitative work on Argentina that illustrates his proposed mechanism.

* Review of International Organizations *

Stephen C. Nelson is Assistant Professor of Political Science at Northwestern University. In 2010 he won the American Political Science Award's Helen Dwight Reid Award for best dissertation in the field of international relations.

SKU	Nicht verfügbar
ISBN 13	9781501705120
ISBN 10	1501705121
Titel	The Currency of Confidence
Autor	Stephen C Nelson
Buchzustand	Nicht verfügbar
Bindungsart	Hardback
Verlag	Cornell University Press
Erscheinungsjahr	2017-02-07
Seitenanzahl	248
Preise	Winner of Peter Katzenstein Book Prize 2020 (United States)
Hinweis auf dem Einband	Die Abbildung des Buches dient nur Illustrationszwecken, die tatsächliche Bindung, das Cover und die Auflage können sich davon unterscheiden.
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