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  • Coalitions of change : explaining IMF low-income country reform in the post-Washington Consensus
    Hibben, Mark
    Contemporary scholarship focused on the International Monetary Fund (IMF) has identified various external and internal actors involved in individual cases of Low-Income Country (LIC) reform. ... Currently underdeveloped in the literature is comparative exploration of how these actors inform policy shifts in the institution. This paper addresses this concern through a study of four cases of LIC reform from 1996 to 2010. Evidence from these cases suggests that a significant policy shift only occurs when a successful coalition is constructed between or among "primary" (powerful states, the IMF Managing Director (MD), IMF staff) and "secondary" (poor states, non-governmental organisations (NGOs), the US Congress) actors. As such, while the actors may change, coalition formation is a necessary condition for LIC policy reform. Data drawn from the cases also supports several assumptions of principal-agent and sociological organisational theory. With regard to the former, LIC staff and the MD exhibited greater agency in policy formation when powerful state preferences were divided. When the reform in question challenged organisational culture, the MD and/or senior staff in the Strategy Policy and Review Department took on the role of strategic "norm entrepreneur" through persuading others to join coalitions of change. Inclusion of the most recent case of LIC change following the 2008 crisis also highlights the evolving relationship between NGOs and IMF LIC policy outcomes. While NGOs were centrally involved in LIC reform efforts in the late 1990s, they were not significant agents of change in the post-2008 period.
    Vir: Journal of international relations and development. - ISSN 1408-6980 (Vol. 18, no. 2, Apr. 2015, str. 202-226)
    Vrsta gradiva - članek, sestavni del
    Leto - 2015
    Jezik - angleški
    COBISS.SI-ID - 33340509

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