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Full-Text Articles in Law
Charting A Progressive International Financial Agenda, Daniel Bradlow
Charting A Progressive International Financial Agenda, Daniel Bradlow
Daniel D. Bradlow
This paper argues that the current financial crisis offers the best opportunity for progressive reform in international financial governance in many years. It cautions that developing countries and civil society will only be able to fully exploit this opportunity if they are well prepared and realistic in their expectations. It concludes with a set of recommendations on what reforms developing countries and civil society should promote in the current negotiations about international financial governance.
The Governance Of The Imf: The Need For Comprehensive Reform, Daniel Bradlow
The Governance Of The Imf: The Need For Comprehensive Reform, Daniel Bradlow
Daniel D. Bradlow
This article argues that IMF's current governance arrangements suffer from being non responsive to key stakeholders, lack of accountability, non-representative decision making, lack of transparency, and poorly defined relations with other international organizations. These deficiencies have arisen because the IMF has failed to adapt its decision-making structure and procedures to its changing functions and role in the global economy. They have caused distortions in the IMF's relations with its member states, with non-state actors, and with other international organizations and problems with some of the IMF's interpretations of its articles. The article argues that the IMF cannot perform effectively until …
Operational Policies And Procedures And An Ombudsman, Daniel D. Bradlow
Operational Policies And Procedures And An Ombudsman, Daniel D. Bradlow
Daniel D. Bradlow
This paper is about the problems with the administrative practices and procedures in the IMF. It argues that currently the IMF lacks administrative practices and procedures that are consistent with the requirements of good governance. There are 2 requirements for such administrative practices and procedures. The first is clearly articulated and publicly available standards that guide IMF staff in their work and that other stakeholders can utilize in measuring the performance of IMF staff. These standards should set out both the substantive and procedural requirements applicable to the operations of the IMF. The second is a mechanism through which IMF …