Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    The Currency of Confidence: How Economic Beliefs Shape the IMF's Relationship with Its Borrowers
    The Currency of Confidence: How Economic Beliefs Shape the IMF's Relationship with Its Borrowers
    The Currency of Confidence: How Economic Beliefs Shape the IMF's Relationship with Its Borrowers
    Ebook413 pages8 hours

    The Currency of Confidence: How Economic Beliefs Shape the IMF's Relationship with Its Borrowers

    By Stephen C. Nelson

    ()

    Read preview

    About this ebook

    The IMF is a purposive actor in world politics, primarily driven by a set of homogenous economic ideas, Stephen C. Nelson suggests, and its professional staff emerged from an insular set of American-trained economists. The IMF treats countries differently depending on whether that staff trusts the country's top officials; that trust in turn depends on the educational credentials of the policy team that Fund officials face across the negotiating table. Intellectual differences thus lead to lasting economic effects for the citizens of countries seeking IMF support.Based on deep archival research in IMF archives and personnel files, Nelson argues that the IMF has been the Johnny Appleseed of neoliberalism: neoliberal policymakers sprout and take root in countries that have spent recent decades living under the Fund’s conditional lending arrangements. Nelson supports his argument through quantitative measures and illustrates the dynamics of relations between the Fund and client countries in a detailed examination of newly available archives of four periods in Argentina’s long and often bitter relations with the IMF. The Currency of Confidence ends with Nelson’s examination of how the IMF emerged from the global financial crisis as an unexpected victor.

    LanguageEnglish
    PublisherCornell University Press
    Release dateFeb 7, 2017
    ISBN9781501708299
    The Currency of Confidence: How Economic Beliefs Shape the IMF's Relationship with Its Borrowers

    Related to The Currency of Confidence

    Related ebooks

    Politics For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      3 Ways to Maximize Your Charitable Giving This Year and Beyond

      Dec 16, 2019

      In 2018, Americans gave $427.71 billion to charities, according to Giving USA 2019: The Annual Report, and with the year's end fast approaching, you may be contemplating how best to support charities and social causes close to your heart by making

      4 min read

    • Article

      The Art of Saying No

      Dec 10, 2020

      The Art of Saying No
      5 min read

    • Article

      One Trick That’ll Help You Live a Wealthier and Happier Life: Framing

      Jan 14, 2021

      The happiness we feel about our money, work, relationships and life in general isn’t derived by only what happens, but also how we perceive what happens. A famous saying often attributed (rightly or wrongly) to Roman emperor and Stoic philosopher Mar

      4 min read

    • Article

      Rush Of Kindness

      May 11, 2021

      Rush Of Kindness
      1 min read

    • Article

      How to Keep Your Heirs from Blowing Their Inheritance

      Jun 5, 2019

      We all want what is best for our children. We work hard to provide for them while we are here on Earth, and the estate planning process ensures we continue to provide for them once we are gone. But, of course, it's not always as simple as that. If w

      3 min read

    • Article

      How To Play The Property Game

      Apr 28, 2022

      One way to save some serious money is to live in the right catchment area for a good, highly ranked public school. Schooling can often dictate where families buy or rent property. This means that if you plan to move into the school zone, you need to

      2 min read

    • Article

      Surviving A Financial Crisis

      Oct 5, 2018

      Surviving A Financial Crisis
      12 min read

    • Article

      In Memoriam: Richard L. Stroup (1943–2021)

      Jul 18, 2022

      Rick Stroup was one of the founders of the environmental economics movement; he was a conservationist of the first rank. Conserving resources requires accounting for the opportunity costs of using those resources. But in the 1970s the focus of enviro

      5 min read

    • Article

      Turning Points In Our Lives

      Jun 11, 2022

      Turning Points In Our Lives
      5 min read

    • Article

      The New Old Age

      Aug 25, 2023

      The New Old Age
      17 min read

    • Article

      ‘The Truth Of History Is Unbiased’: Ken Makin On Race, Justice, And Hope (audio)

      Dec 23, 2020

      What makes a Monitor journalist? It takes curiosity, compassion, and a willingness to look for light in even the darkest places. This writer brings all three qualities to his commentary.

      9 min read

    • Article

      The Next Fifty Years: Optimistic or Pessimistic?

      Jul 1, 2020

      With worries about the coronavirus, almost daily dire reports emerging on the potentially devastating effects of climate change, never-ending turmoil in the Middle East, and Tweet-induced economic-policy uncertainty riding high in the United States,

      8 min read

    Related categories

    Reviews for The Currency of Confidence

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      The Currency of Confidence - Stephen C. Nelson

      vOabook_preview_excerpt.html}ˎWĠ3ddFʖtYZP(0 g0GQړ5hzzԀ'^k}ARуBYI29xo =~]I ~xg__bn}-n7Sf_m1n|Qv]Ϻj(\[njGWCѭ/]M{i9J~g6Uc1MwW,uxq?ϺM[[IkrPVa'/|!Lîد`c=NA6 FE^5Xvݍ)eUx6v<@!hUm7b\ w%׋E5ȹT$vz7f$um]?/KH;x_^v}O:Jv.!Ij8h3ؖ~_V\׸zLb]yS ;]ʍ5!y T"!m`-|U ,]dnzf(zkDg%8\5AX=+aC+GeE\p+<W5Qfn9R ި^a8tBH-R&[-|RtQH>6#wuQ߶T\*hoVa=PZEj+4'KU_{AQ,}SՠbiޭV5uw:BlHru7\``l6Te'8jf {Fp܉j^!PqgAD`|ɦ):pъS#WlWUyYm@ﻡe%? ;jcכrYVf@zۑ4ɕ0;B"UlG"_CR"ԤC;.s{74N 7kp^$Q eT0v+cQ;_p/.*>s[vS&4Sh콂5fC VZ[Q- SMRPvu%nH-I;tz!~KЍRD(Z:;?DgnTwo+`ƫak =zpOP Tz',x;7@իzMecVP4PI&i$ s8pٗ=x8t.]2#kXEQ-MvYl.Lf?ׅ4\> ѳ`*gSS.|齒Q,xW)!_[@& 5pۼiPtbasg0&XQoM d|!hO.M酆5$sĢi!)]ӭ   R…zڙhVtiBw]ټq;`*+ (YЫQ\~؞ۺix߽ņGNGӈY%RwX[l7'øDyL>[&cV/3=fTy$]1"%Gj*,|İ`!*jZ._wxߏHpMaqE'j ,A UV`9)C_?ǮUΆ%5>sxZB_ Wb?[GO(c<91"9>~,` bLU<1⌃lȈm,PJ {_z۾{>, H!=n@;׷fx QIrpS 0ju翛Yó0# =K29 hwɩJ$v~C>Fo(i7jq+ӏs i³O7Rq+ B-Pأ8 Z& sDINBV\;Л:4rE0qI1]PD"SWao nrFJy(-n}=Cc%$N? %&\ Žm{Ȅ]ܲ!bDH*( tm/G栈Am..,N:|&<_a&<C- uz/ $gy?vI!L`O H6BlwVg- i #-fހ$Y!պw[]dP-&bJ!E# TDŽetsaJ0`vr'fm/Ztښ۵b9Ы[ZcԶJ!h ţ?f"mbPӷf-b|%F#sRd"$:$YM𱐑?4-&`?<Ԭ:;Uc &ZkX97&71dXrhEI}8#` Y0'(kXn+Rw Sb7@a6SD auY|4BN &^B: [|įEyNO_徾W]J2,% oG3KDr΢uf$5nP2PотH |wIU+ܰ* F8PNdgfzdV01mÈ<\䥪J~bx!N !t`P8{ Th'5Lm#YUBt #m5<$>*,*4]C 4c uecn._F* p {Jԃ@|PIvb4~`+k=2=i{K{9杳fÌ73awpJ#,(1Hh>0x@4Q=p-x Яՠ4&  ;*tO.ө:a3 /jڊWd$¥y)2T4 o2As񗔩B.IIu-dg]8ʌ:qVYXx-~ggw;bTYFsZ"]' \j[`if%.&y7*W"@ꠠnH(szK5x*)3Kü$3 vT*Jg#H6OsI=1U{pq2?%nu.nF1Z,@ψdʚpZ3Qp5ߴOKb[K=$fX jO J-lyvl}-IFZr-{MP7Ev&M&gw_vjT2Q@< VTY<0#Tvo/ b]z0 )?4J),#& HY&D˿,`BZ= @3Uت&~qUW*ŊXz9oԒ!0pRIrVXn:[a%Q~W<.+_ 4,OWq<O8Q-yeR!J]e604Wb%0"9 %3!`4&ےEY3"m(Q_=4o-qG-ɲ"u}#9>Mɂ'-T '-lisPM 5\zKB* /t10T Ԑ>՘.mp%jF8e~kAt@ER\)r{5PnDr8wYYyd:T΅L/d1ʸXCZ3&CQ~(Zd ڇ: &|]/`ݵ!W0WCH.N0PFitR!nAYh!4IKrH1dvEWvE2Pr ڪ.[ ֯FͶ@*xk,CN# h5*j3XH )`+ΟUL&B~Mx0 ,c~Xfzj=1F$9+9Rjꀃ.4\WU/ D\nHt^q٧w,"';js/jCˆCLk @2=1U ?Sߋ?GGM5hwk/y%vH2Ai0¬1)n'M- trfq]'%t'=BS.aMveԔwLe;FFE0Azq$si?4UX'DSg5Ǚ,,HZz-OМ8;ɜwkVHZF0/*sL}Hn*A)IpǨUv;[U kIG`1Ҵ3LDá\A!iVj46Z"~.^ cev!;~"VK9=%2?ហ\HbXAcI1wujX<i &%20fh(Uf$>PtW5/+ 8}7XN ,,ᐐ4D}TJ$Cζ ur]Yz}%H 1nq)d?[TT &E#vNM+5$%RF+jӨ]d]OP!oqSE_%"`Ars]j3ZaO/re/dBrn 2RӶNXQUfj*B7P`BlSX_Kue t"w0JrEoAbq;sA(jSCpቿjy.ihmG, 9u}buDݱj͇SXzҼ[RhySIr"1@FBxXW%`ryl][V ”t]pyi{ݏ'RZ*g~7MWZeBK{=ibz6 ݚp1bbboM[ ߖb>WMդI T)m@Y8}Ct0KNr6i[^[3!H#J&>f H46Ɇiv)˺/-yVlt 7n'D1]a'K +>I؀6݋ G=-!6sq@Y%uik吃U͛En_-ޓG5)?̋_'"0}'] oaY:PufsV\t21{@~xVmҪ6 -onfXB珞\\$I, ߂ XqN9`o?f1 'aH!]Cwv~ÒD&zT|^Ùjm~6U2VqF&ݑhBO$ ī~;YGKL~pPx#tCSX%MՒxYCy'ToͤON!EQvIm IvS/qY^n~Kbl/ : $@>aCn m'FU8]$!jg}G7w]1gu86sκ+T=c%HqTfSa'P[m`b^@[;{rI/Їo#P>arGN(|."G-PlBfRB^S'Woa$FuUh.^__C4qcw%<:]S.u.i3 .ډ(k2Ө5K c Z_ku~JY#M.SRD!8Hf)]+:ŕ1Z~SqRGeY>5z Ճ9Qud &Ze1P<=,` G)2%S'ECS0aAYa8(Az`ɎA>&F@P{!/Cr7VeoGd \6=װm* 4Z^uf x},es\ʢ7c{6m g|C9L,lH'gcfj9!$?Yp>"'ZMUMhQcb>"-د8=,V4n =ziskE ˊI UY)kkŨevO"k5ubX-6Bjbؒ֡X> 5tE^NƃZIEfGiXΐm#-6 nЩWbطFw@'3 NBN-5ze *NkcJk@W?BM:a lɱ{[mP~H^VO۲23dҏ}Z{V wH]sH)]=AQ4I_bvڛKɜ5u_r# w?9\QPwnّ8~)5MblW`aAuefsgfTUzSH@`SBZD- u+͛仐!za?Pg@+ejWr8T6;찄P'y TJ֎rqTޭa'!4+%Ho h99̈́5\cčSl6PI[a ߈|Fܦ__dRֻ/Ve%ѤmNxoAsa74n-Zȥ{c=8JcQ 3Dvi#π<~xHo&J@;seMHk1w@cݘ'/޺w&y-) b_8IM#Vo/޾w/"mUH}zG@7YJd akX^m[/bj~i49JFaAYUT5Mb8XU7AhZuRiւ*m+;ݎ Ed`)Վo{d!M;Qq`OׇG\`ʣ00p UN9f:2Ɛ<r5F9BXr06ǀ^0x+~gvp:i8yњҐT;YE ԑyH:%)20f}o F9g 8,ZxSKBCIJQ֎t9XKф/>`q2^mI@V"D0֬Bfٿڕ*sKfYcVγe2ojffV>ԷYZ/!o ~CӅ.n04bƥ<O\ y?BL1i#c؛̛^bԟ}VfINt5MJl)z)tՖsM5uzl4.PQM+8L|A*dbAQک46EJRSx+ <Jdu7Y:DmLSpTMjkq4 嚱N[MneFgʁH@Sz,~TD-e+7e^v`_h1Ieߵ0< _x}BPW:8"C!HZ\s98w" ^ҊV)9YP̤KQ졻Y~S]v&"< >Nd[UFB_WieZ\ѕ_6BɡZkbq l*2@$/EK6flhMW N"YaÜh <_O[M8Sطfx!2L`dMh0:#Of?,zHˡ~~y+~XXw+GeB;kyFTUc0t9g'N‘H $cij#2őf`p%٫\:G.ü=ԥ:$I83DHrr!ih'fls+=djO[=2f| !X0BqL"@>w;N6eʸL8;KNL"3#x:),J4Gǩ*,9c6 ÎNxi"Y;՛}8jYe!v~|֓y);;9,00v֙u8/sɤD)-1Zjm/KqƜbJhXJ"K\ m6r𒼺&Nv,ڥ\>v+u&9Rj*&(S8 Zq alI`eN|5+YY5Y\K6I1-wG(,ZRe]x6X mp 팫yiΏ)ZҍBlRRS-)>-ޣU/+M3@cK29Ú9CC9#y$6?8ÜZ<~eaF#dHFWs #H_@jYu2-A;Y]K6s$/ᰏ(goBuPV#/XK"6k&H[_JVFC0XzZ#e)o_+Xwọ0Lqe>R;ԲZZ}%GY^˦|lg ax:&-HL YA @f0hpiJ hژ"+PS%hKtjBqKΒfgI-pW!1%o+f8Q.0ۅ bthF[)ta`! 4>JK䎵& N*t뫪VE݆v>MJw.nZOځhۖڼ):q;;wv 5}%xܣ'$J2"_y~7{WX!eeh*hNn8jmmLJ@^(yU(ae9BLJFkq)aQĹhByB4Uih.ק5I=CHYRI.l3ҕXj&dکYgM,_RypTA礮>Ř)r.~S wBX_.hHj;zt3(%/`;4*/]gOtRp@B23*2'gOT>C24De)}YU5:c=)Qߘ&xjn8^d;Z #L&(AY¨ncid$:Zb. %Ʈ]O u2?y#8U'3.m]xylK{y7Q 4rjoz ^gޘ836y.] B،#V8FyDGf P:"tޡCvᶪ!B_Du2k#,MxXβ[+irޭ6{-t|W% h`V8CعQ fX:Pfcjc5N<}zu\w“>tjM*+= Iz*K÷jZj|?(Q6N^e4-k$ds~00 a:QPӗKYuC"~iIV.N"qρX7Hw36ǡՌHoc#Vapr<v7J崋,PCbo yiyLp}S:Ԗ(a Ln033QY:56f䬂:)˂38}Z)[E)Px,3Km6BeL6kyo{m/R+4Z7xQC#h0fvnbiLrI%p~
      Enjoying the preview?
      Page 1 of 1