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ID144469
Title ProperContesting sovereignty
Other Title Information informal governance and the battle over military expenditure at the IMF
LanguageENG
AuthorCLEGG, LIAM
Summary / Abstract (Note)There is a battle over military expenditure at the International Monetary Fund, with consistent pressure from its most powerful member for the Fund to get tough on military expenditure being pitted against lowerorder states' invocation of the organization's sovereignty-protecting rules and practices. While the formal victory of the lower-order states has been codified in the Fund's relatively weak Guidelines on Military Expenditure, on a case-by-case basis policy shifts continue to be imposed on borrowers through the application of informal influence by the US Executive Director in the IMF boardroom. By integrating insights from literature exploring the tension between formal rules and informal practices in international organizations, this case study extends the understanding offered in the international relations literature of the foundations of sovereign inequality in international politics.
`In' analytical NoteGlobal Governance Vol. 22, No.1; Jan-Mar 2016: p.117-134
Journal SourceGlobal Governance Vol: 22 No 1
Key WordsSovereignty ;  IMF ;  Military Spending ;  Transparency ;  Conditionality ;  US Congress


 
 
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