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008 100609s1987 xx ||||gr |0|| 0 eng d
100 1 _aSTILES, Kendall W.
_933035
245 1 0 _aBargaining with bureaucrats :
_bdebt negotiations in the international monetary fund
260 _aNew York :
_bMarcel Dekker,
_c1987
520 3 _aThe International Monetary Fund lends hard currency to foreign governments for short-term adjustment of balance of payments imbalances. While this is well-known, few understand the process through which the IMF decides what will be the conditions of receipt of those loans in each case. In this paper, it is proposed that such decisions are arrived at through a complex and convoluted process of bargaining and exchange between a variety of actors, rather than through imposition of rules or political power.
520 3 _aThis counter-intuitive proposition is supported by a description of the decision-making process involved in a typical IMF loan -- the stand-by arrangement. such a process involves several distinct “phases”: 1) initiation by either Fund officials or the member country government, 2) staff preparations for formal negotiations with the government, 3) direct negotiations between Fund “mission” and member country officials, 4) internal IMF discussion of results of negotiations, and 5) disbursement and review of compliance to conditions of loan. At each phase, which can be consolidated into three “bargaining fora,” a unique set of exchanges occurs between the actors. Of special interest is the bargaining that takes place on a regular basis among Fund staff.
520 3 _aThis perspective on IMF decision-making gives rise to a new set of opportunities and constraints on those, especially debtor nations, interested in maximizing the outcome of their interactions with the Fund
773 0 8 _tInternational Journal of Public Administration - IJPA
_g9, 1, p. 1-43
_dNew York : Marcel Dekker, 1987
_xISSN 01900692
_w
942 _cS
998 _a20100609
_b1507^b
_cDaiane
998 _a20100723
_b0935^b
_cDaiane
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c34223
_d34223
041 _aeng