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'Open for Business': International Financial Institutions, Post-Conflict Economic Reform and the Rule of Law

70 Pages Posted: 24 Sep 2006  

Kristen Boon

Seton Hall University - School of Law

Abstract

What practices should international institutions adopt to promote economic development, peace and stability in post-conflict zones? The United Nations, the World Bank, and the International Monetary Fund amongst other such institutions have a common answer: practices that promote marketization and the Rule of Law. This article examples the relationship between the Security Council and the IFIs in the promotion of the rule of law in post-conflict situations, in order to assess the tension between IFI independence and the supremacy of Chapter VII resolutions. It also examines the development of IFI post-conflict policies generally, and the constitutional doctrines used to justify the expansion into international peace and security.

Keywords: IMF, World Bank, UN Security Council, economic reconstruction, Occuption of Iraq, Implied Powers, Trusteeship, Rule of Law, Post-Conflict

Suggested Citation

Boon, Kristen, 'Open for Business': International Financial Institutions, Post-Conflict Economic Reform and the Rule of Law. NYU Journal of International Law and Politics, Vol. 39, p. 513, 2006. Available at SSRN: https://ssrn.com/abstract=932114

Kristen E. Boon (Contact Author)

Seton Hall University - School of Law ( email )

One Newark Center
Newark, NJ 07102
United States

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