TY  - GEN
T1  - Lending credibility : the International Monetary Fund and the post-communist transition
A1  - Stone, Randall W., 1966-
LA  - English
PP  - Princeton, N.J.
PB  - Princeton University Press
YR  - 2002
UL  - https://ebooks.jgu.edu.in/Record/jstor_eba_ocm52522474
AB  - 'With the end of the Cold War, the International Monetary Fund emerged as the most powerful international institution in history. But how much influence can the IMF exert over fiercely contested issues in domestic politics that affect the lives of millions? In Lending Credibility, Randall Stone develops the first systematic approach to answering this question. Deploying an arsenal of methods from a range of social sciences rarely combined, he mounts a forceful challenge to conventional wisdom. Focusing on the former Soviet bloc, Stone finds that the IMF is neither as powerful as some critics fear, nor as weak as others believe, but that the answer hinges on the complex factor of how much credibility it can muster from country to country. Stone begins by building a formal, game-theoretic model of lending credibility, which he then subjects to sophisticated quantitative testing on original data from twenty-six countries over the 1990s. Next come detailed, interview-based case studies on negotiations between the IMF and Russia, Ukraine, Poland, and Bulgaria. Stone asserts that the IMF has exerted startling influence over economic policy in smaller countries, such as Poland and Bulgaria. However, where U.S. foreign policy interests come more heavily into play, as in Russia, the IMF cannot credibly commit to enforcing the loans-for-policy contract. This erodes its ability to facilitate enduring market reforms. Stone's context is the postcommunist transition in Europe and Asia, but his findings carry implications for IMF activities the world over.' from publisher's description.
OP  - 286
CN  - HC244 .S743 2002eb
SN  - 1400814731
SN  - 9781400814732
SN  - 9781400824434
SN  - 1400824435
SN  - 1283380021
SN  - 9781283380027
SN  - 0691095280
SN  - 9780691095288
SN  - 0691095299
SN  - 9780691095295
KW  - International Monetary Fund.
KW  - Fonds monétaire international.
KW  - International Monetary Fund
KW  - Europe, Eastern : Economic policy : 1989-
KW  - Europe, Eastern : Economic conditions : 1989-
KW  - Post-communism : Europe, Eastern.
KW  - Postcommunisme : Europe de l'Est.
KW  - Europe de l'Est : Politique économique : 1989-
KW  - Europe de l'Est : Conditions économiques : 1989-
KW  - BUSINESS & ECONOMICS : Banks & Banking.
KW  - POLITICAL SCIENCE : International Relations : General.
KW  - Economic history
KW  - Economic policy
KW  - Post-communism
KW  - Eastern Europe
KW  - Kredietverlening.
KW  - Overheidsbeleid.
KW  - Voormalige communistische landen.
KW  - Economische hervormingen.
KW  - Europe de l'Est : Conditions économiques : 1989- ...
KW  - Europe de l'Est : Politique économique : 1989- ...
KW  - Since 1989
KW  - Electronic book.
ER  -