International Financial Institutions: The IMF, world Bank and WTO
Instructions: Your initial post should be at least 500 words
After completing the assigned readings and reading the lesson notes, please prepare a post that addresses the following question.
1. Whom are IFIs, such as the IMF, World Bank, and WTO, accountable to? In preparing an answer to this question, analyze whose interests are represented through the work of these IFIs and some of the accountability challenges they face. Include your real life experiences.
Note: the objective is not to repeat and agree with one article in this forum; The best answers will be well-supported with citations from our readings and display critiques of key points. We should end up with a healthy debate.
· Copelovitch, Mark S. 2010. “Master or Servant? Common Agency and the Political Economy of IMF Lending.” International Studies Quarterly 54(1): 49-77.
Porter, Tony. 2009. “Why International Institutions Matter in the Global Credit Crisis. Global Governance 15(1): 3-8.
Serin, Z. Vildan, and Beyza Oktay. 2012. “Debates on a New International Financial System and Turkey’s Position within the G20.” Journal of Academic Studies 14(54): 15-30.
Urbaczka, Adrian, and Roland Vaubel. 2013. “IMF Subsidies, Cancellations, and Resumptions: New Empirical Evidence.” CATO Journal 33(1): 155-170.
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