The IMF and the Politics of Austerity in the Wake of the Global Financial Crisis

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy, Business & Finance
Cover of the book The IMF and the Politics of Austerity in the Wake of the Global Financial Crisis by Ben Clift, OUP Oxford
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Ben Clift ISBN: 9780192542489
Publisher: OUP Oxford Publication: February 14, 2018
Imprint: OUP Oxford Language: English
Author: Ben Clift
ISBN: 9780192542489
Publisher: OUP Oxford
Publication: February 14, 2018
Imprint: OUP Oxford
Language: English

This book explores the IMF's role within the politics of austerity by providing a path-breaking comprehensive analysis of how the IMF approach to fiscal policy has evolved since 2008, and how the IMF worked to alter advanced economy policy responses to the global financial crisis (GFC) and the Eurozone crisis. It updates and refines our understanding of how the IMF seeks to wield ideational power by analysing the Fund's post-crash their ability to influence what constitutes legitimate knowledge, and their ability fix meanings attached to economic policies within the social process of constructing economic orthodoxy.This book is interested in the politics of economic ideas, focused on the assumptive foundations of different approaches to economic policy, and how the interpretive framework through which authoritative voices evaluate economic policy is an important site of power in world politics. After establishing the internal conditions of possibility for new fiscal policy thinking to emerge and prevail, detailed case studies of IMF interactions with the UK and French governments during the Great Recession drill down into how Fund seeks to shape the policy possibilities of advanced economy policy-makers and account for the scope and limits of Fund influence. The Fund's reputation as a technocratic, scientific source of economic policy wisdom is important to for its intellectual authority. Yet, as this book demonstrates, the Fund makes normatively driven interventions in ideologically charged economic policy debates. The analysis reveals the malleability of conventional wisdoms about economic policy, and the processes of their social construction.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book explores the IMF's role within the politics of austerity by providing a path-breaking comprehensive analysis of how the IMF approach to fiscal policy has evolved since 2008, and how the IMF worked to alter advanced economy policy responses to the global financial crisis (GFC) and the Eurozone crisis. It updates and refines our understanding of how the IMF seeks to wield ideational power by analysing the Fund's post-crash their ability to influence what constitutes legitimate knowledge, and their ability fix meanings attached to economic policies within the social process of constructing economic orthodoxy.This book is interested in the politics of economic ideas, focused on the assumptive foundations of different approaches to economic policy, and how the interpretive framework through which authoritative voices evaluate economic policy is an important site of power in world politics. After establishing the internal conditions of possibility for new fiscal policy thinking to emerge and prevail, detailed case studies of IMF interactions with the UK and French governments during the Great Recession drill down into how Fund seeks to shape the policy possibilities of advanced economy policy-makers and account for the scope and limits of Fund influence. The Fund's reputation as a technocratic, scientific source of economic policy wisdom is important to for its intellectual authority. Yet, as this book demonstrates, the Fund makes normatively driven interventions in ideologically charged economic policy debates. The analysis reveals the malleability of conventional wisdoms about economic policy, and the processes of their social construction.

More books from OUP Oxford

Cover of the book Land Law by Ben Clift
Cover of the book Aristocracy and its Enemies in the Age of Revolution by Ben Clift
Cover of the book The Oxford Handbook of Philosophical Methodology by Ben Clift
Cover of the book The Oxford Companion to the Economics of South Africa by Ben Clift
Cover of the book Custom and Reason in Hume by Ben Clift
Cover of the book Spinoza and Biblical Philology in the Dutch Republic, 1660-1710 by Ben Clift
Cover of the book Landmark Papers in Nephrology by Ben Clift
Cover of the book Philosophical Foundations of Criminal Law by Ben Clift
Cover of the book Testosterone by Ben Clift
Cover of the book Legitimacy and Criminal Justice by Ben Clift
Cover of the book Oxford Companion to Emotion and the Affective Sciences by Ben Clift
Cover of the book The Oxford Companion to Wine by Ben Clift
Cover of the book Money Market Funds in the EU and the US by Ben Clift
Cover of the book Madhumalati by Ben Clift
Cover of the book Gaining Control by Ben Clift
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy