Contesting Sovereignty

Informal Governance and the Battle over Military Expenditure at the IMF

Dados Bibliográficos

ID6188957
AutoresLiam Clegg (0000-0002-0773-5988, autor correspondente)
Ano2016
Volume22
Fascículo1
Páginas117-134
Data de publicação2016-08-19
Peer ReviewedSim
Open AccessNão
TipoARTICLE
PeriódicoGlobal Governance A Review of Multilateralism and International Organizations (JOURNAL)
Identificadores do periódicoISSN: 1075-2846 • E-ISSN: 1942-6720
EditoraWalter de Gruyter GmbH (PUBLISHER • DE)
DOI10.1163/19426720-02201008
OpenAlexW2288896259
IdiomaEN
Citações recebidas1
Referências citadas11

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

Battle · Corporate governance · Economics · International law · International relations · Political economy · Political science · Politics · Public international law · Sociology · Sovereignty · Victory · International Development and Aid · Law · Peacebuilding and International Security · Public Administration · State Capitalism and Financial Governance · Finance