Accountability, Transparency and Democracy in the Functioning of Bretton Woods Institutions - Hardcover

Hardcover

ISBN 10: 3319578545 ISBN 13: 9783319578545

Publisher: Springer, 2017

Synopsis

This book investigates the strengths and weaknesses – in terms of transparency and compliance with the democratic principle – of Bretton Woods Institutions, considering the most important innovations from the original framework achieved through the introduction of independent accountability and complaint mechanisms (the Inspection Panel and Independent Evaluation Office), but also due to relevant reforms in the internal governance of the International Monetary Fund and the new financial assistance tools. One of its main focuses is on evaluating the socio-economic impact of conditionality in the countries requiring financial assistance, acknowledging the need to strengthen social protection policies in the adjustment programs. In addition, emphasis is given to the effects of the “constitutionalization” of the Washington Consensus in the European Union, with the establishment of the so-called “Berlin-Brussels-Frankfurt Consensus.”

About this title

About the Author

Elena Sciso, Full Professor of International Law. Director of the Research Centre on International and European Organizations, LUISS Guido Carli University

From the Back Cover

This book investigates the strengths and weaknesses – in terms of transparency and compliance with the democratic principle – of Bretton Woods Institutions, considering the most important innovations from the original framework achieved through the introduction of independent accountability and complaint mechanisms (the Inspection Panel and Independent Evaluation Office), but also due to relevant reforms in the internal governance of the International Monetary Fund and the new financial assistance tools. One of its main focuses is on evaluating the socio-economic impact of conditionality in the countries requiring financial assistance, acknowledging the need to strengthen social protection policies in the adjustment programs. In addition, emphasis is given to the effects of the “constitutionalization” of the Washington Consensus in the European Union, with the establishment of the so-called “Berlin-Brussels-Frankfurt Consensus.”

Edition details

• Publisher: Springer
• Publication date: 2017
• Language: English
• ISBN 10: 3319578545
• ISBN 13: 9783319578545
• Binding: Hardcover
• Edition number: 1
• Number of pages: 276
• Editor: Sciso Elena