The Emperor’s New Suit: The New International Financial Architecture as a Reinvention of the Washington Consensus

Soederberg situates the New International Financial Architecture (NIFA) within two features of the global political economy--the recent debates over capital controls and the structural power of the US. The Third Way embodied in the NIFA is not a new direction but rather a strategy with limited conce...

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Veröffentlicht in:	Global governance 2001-10, Vol.7 (4), p.453-467
1. Verfasser:	Soederberg, Susanne
Format:	Artikel
Sprache:	eng
Schlagworte:	American dollar Analysis Capital Capital controls Capital market Capital markets Capital mobility Corporate governance Currency transactions Deregulation Developing countries Economic Development Economic growth Economic liberalism Economic reform Emerging markets Finance Foreign investment Free markets Global economy Globalization International Economic Organizations International economics International finance International financial institutions International political economy International relations International trade LDCs Liberalization Management Market economy Military bases Political economy Political influences Politics Power Securities markets The New International Financial Architecture U.S.A United States of America World Economy
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Beschreibung
Zusammenfassung:	Soederberg situates the New International Financial Architecture (NIFA) within two features of the global political economy--the recent debates over capital controls and the structural power of the US. The Third Way embodied in the NIFA is not a new direction but rather a strategy with limited concessionary changes that has more rhetorical currency than substantive impact.
ISSN:	1075-2846 1942-6720 1075-2846
DOI:	10.1163/19426720-00704009