Accountability, Transparency and Democracy in the Functioning of Bretton Woods Institutions / edited by Elena Sciso.
2017
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Title
Accountability, Transparency and Democracy in the Functioning of Bretton Woods Institutions / edited by Elena Sciso.
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Edition
1st ed. 2017.
Imprint
Cham : Springer International Publishing : Imprint: Springer, 2017.
Description
XIV, 262 p. 15 illus., 5 illus. in color. online resource
Formatted Contents Note
Part I - The Governance and the Reforms in Progress
Part II - The Constitutionalization of the "Washington Consensus" in the European Union
Part III - Accountability and Independent Complaint Mechanisms
Part IV - Conditionality and Socio Economic Impact
Part V - The Impact of Bretton Woods Institutions on Civil Society.
Part II - The Constitutionalization of the "Washington Consensus" in the European Union
Part III - Accountability and Independent Complaint Mechanisms
Part IV - Conditionality and Socio Economic Impact
Part V - The Impact of Bretton Woods Institutions on Civil Society.
Summary
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.".
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SpringerLink electronic monographs.
Language
English
ISBN
9783319578552
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