Re-Envisioning Economic Sovereignty: Developing Countries and the International Monetary Fund

THE END OF WESTPHALIA? RE-ENVISIONING SOVEREIGNTY, Ramesh Thakur, Charles Sampford, Trudy Jacobsen, eds., Tokyo: UNU Press

UNSW Law Research Paper No. 2007-24

26 Pages Posted: 18 Apr 2007

See all articles by Ross P. Buckley

Ross P. Buckley

University of New South Wales (UNSW) - Faculty of Law

Abstract

Developing countries in financial difficulties routinely enter into arrangements with the International Monetary Fund (IMF). Such arrangements reduce the economic sovereignty of the developing country markedly. This paper analyses this reduction in sovereignty and seeks to assess whether it is warranted given the IMF's performance in the past 15 years and the proven capacity of some developing countries in policy development and implementation. It concludes by considering ways forward for the IMF.

Keywords: Developing countries, economic sovereignty, International Monetary Fund

Suggested Citation

Buckley, Ross P., Re-Envisioning Economic Sovereignty: Developing Countries and the International Monetary Fund. THE END OF WESTPHALIA? RE-ENVISIONING SOVEREIGNTY, Ramesh Thakur, Charles Sampford, Trudy Jacobsen, eds., Tokyo: UNU Press; UNSW Law Research Paper No. 2007-24. Available at SSRN: https://ssrn.com/abstract=981082

Ross P. Buckley (Contact Author)

University of New South Wales (UNSW) - Faculty of Law ( email )

Sydney, New South Wales 2052
Australia

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