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E-book
Author Broome, André, 1978-

Title The currency of power : the IMF and monetary reform in Central Asia / André Broome
Published Basingstoke [England] ; New York : Palgrave Macmillan, 2010

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Description 1 online resource (xiv, 219 pages) : illustrations
Series International political economy series
International political economy series (Palgrave Macmillan (Firm))
Contents Institutional change and the IMF -- Expanding the International Monetary order after the Cold War -- The disintegration of the ruble zone -- Designer capitalism in Central Asia -- The scope of the IMF's influence in Central Asia
Summary States aggressively defend their right to make national monetary policy choices as a fundamental sovereign prerogative. This book examines how the International Monetary Fund engages in the politics of ideas to shape monetary system change in conditions of extreme economic uncertainty. Drawing on case studies from post-Soviet Central Asia, André Broome explains that how governments interpret their policy options mediates the IMF's influence over policy reform in periods of financial crisis. The book also shows how IMF staff play a larger role in determining access to loans than is often recognized by scholars who focus on major power influence on the IMF. By acting as a reputational intermediary, the IMF attempts to boost its impact on national policy reform in exchange for improving the sovereign creditworthiness of borrower states, but its influence over the implementation of formal policy changes is often frustrated by everyday politics
Bibliography Includes bibliographical references and index
Notes English
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL
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Subject International Monetary Fund.
SUBJECT International Monetary Fund fast
Internationaler Währungsfonds gnd
Internationaler Währungsfonds. idszbz
Subject Monetary policy -- Asia, Central
Monetary economics -- Central Asia.
BUSINESS & ECONOMICS -- Money & Monetary Policy.
Economics.
Monetary policy
Währungsreform
Geldpolitik
Geldpolitik.
Internationales Währungssystem.
International Monetary Fund.
Central Asia.
Monetary policy.
Central Asia
Zentralasien
Zentralasien.
Form Electronic book
LC no. 2009046671
ISBN 9780230278059
0230278051
9781349316366
1349316369