Overview
- Uses institutional data to examine and analyze the current governance structures of Multilateral Financial Institutions
- Suggests reforms for MFIs based on the principles of responsibilization and knowledge transfer
- Presents an alternative model for global finance operations centered on developing countries
Part of the book series: SpringerBriefs in Economics (BRIEFSECONOMICS)
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Table of contents (11 chapters)
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Front Matter
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Back Matter
Keywords
About this book
This book uses institutional data to examine and analyze the current governance structures of Multilateral Financial Institutions (MFIs) with the ultimate goal of reforming MFI governance models to be more responsive to the needs of developing countries. Founded in the post-World War II era, MFIs, collectively known as the Bretton Woods Financial Institutions (BWFIs), were created to promote global economic development and financial stability. This book argues, however, that the governance structures and policies of the MFIs have been biased in favour of developed country members, excluding less economically advanced countries from decision-making processes and perpetuating the economic status quo. Considering the inability of MFIs to adequately respond to the financial needs of developing countries, the book raises an alternative proposal for BWFI reform, based on the following criteria: (i) encouraging development incentives, (ii) favouring development learning through knowledge transfer and easing its appropriation by developing countries, and (iii) guiding and facilitating access to private international financial markets. Combining historical economic analysis with policy recommendations for the future, this book will be of particular interest to students and researchers of development economics, governance, and MFIs, as well as practitioners working with the institutions studied.
Authors and Affiliations
About the author
Ahmed Naciri PhD and CPA, is Currently professor at the School of Business at UQAM; He is also collaborating with Maryland university, McGill, and ESSEC-Paris, etc. Former Chairman of the Accountancy Department at the UQAM and the founding Chair of the International Centre for Governance, Mr. Naciri is internationally recognized for his work on governance and constantly consulted by foreign governments on the subject to which he devoted four books, two of them with Routledge published as well as sixty research papers in first class international journals. This earned him the Award of Excellence from the Canadian Association of Administrative Sciences and a Fellow from the CPA Association. Over the years he developed an extensive international academic and business network.
Bibliographic Information
Book Title: The Governance Structures of the Bretton Woods Financial Institutions
Book Subtitle: A Case of "Beggar-Thy-Neighbour"
Authors: Ahmed Naciri
Series Title: SpringerBriefs in Economics
DOI: https://doi.org/10.1007/978-3-319-97906-9
Publisher: Springer Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Author(s), under exclusive licence to Springer Nature Switzerland AG 2018
Softcover ISBN: 978-3-319-97905-2Published: 22 September 2018
eBook ISBN: 978-3-319-97906-9Published: 11 September 2018
Series ISSN: 2191-5504
Series E-ISSN: 2191-5512
Edition Number: 1
Number of Pages: XXI, 184
Number of Illustrations: 1 b/w illustrations, 25 illustrations in colour
Topics: Institutional/Evolutionary Economics, Development Economics, International Economics