000 01130nam a2200133Ia 4500
080 _a11.03.01 K17
100 _akapur, Devesh
245 _aGovernance-related conditionalities of the international financial institutions
260 _bUN
_aNew YorkUS
_c2000
300 _a[9], 21 p.
520 _aExamines the new found enthusiasm for governance-related conditionalities in the International Monetary Fund (IMF) and World Bank lending. Notes that this new agenda has focused in particular on legislative and institution-building efforts by borrowers to increase accountability, transparency, the rule of law, and participation. Attempts to document this trend by analysing a sample of 25 upper-tranche arrangements in 1999. Highlights critical weaknesses in the new agenda. Examines a brief account of some alternatives to conditionality, as currently practised. Raises some troubling implications of this new agenda for the international financial institutions (IFIs) themselves, especially with regard to their operational effectiveness, their legitimacy and their fairness.
583 _c10/30/00
_kJOY_D
942 _cM
_mK17
999 _c22988
_d22988