The Currency of Confidence: How Economic Beliefs Shape the IMF's Relationship with Its Borrowers (Cornell Studies in Money) by Stephen C. Nelson
English | February 7th, 2017 | ISBN: 1501705121 | 247 pages | True PDF | 2.36 MB
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.
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