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Bureaucracy at the IMF and the World Bank: a comparison of the evidence

Article Abstract:

The International Monetary Fund and the World Bank are plagued by bureaucracy and lack of control over their external affairs. There has been a significant increase in manpower without a corresponding rise in productivity. External control has also declined because weakened voting power restrains the chief member states from examining the growth and effects of bureaucracy. 'Hurry-up lending' has been adopted to hasten the use of its resources whenever their capacity to lend is examined.

Author: Vaubel, Roland
Publisher: Blackwell Publishers Ltd.
Publication Name: World Economy
Subject: Economics
ISSN: 0378-5920
Year: 1996
Intnl Finance Organizatn, Economic policy

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Upping the ante for political economy analysis of the international financial institutions

Article Abstract:

In addition to bureaucratic incentives and public interest incentives, external influences, such as private financial institutions, have an effect on interntional financial institutions. The private sector also has influence, as well as does foreign policy.

Author: Willett, Thomas D.
Publisher: Blackwell Publishers Ltd.
Publication Name: World Economy
Subject: Economics
ISSN: 0378-5920
Year: 2001
World, Finance, taxation, & monetary policy, Intnl Monetary Fund, Analysis, International aspects, Influence, Bureaucracy, Private sector, Financial institutions, International relations

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Subjects list: International Monetary Fund, World Bank, International financial institutions
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