Download e-book for kindle: Altered States: The Globalization of Accountability by Valerie Sperling

By Valerie Sperling

ISBN-10: 0521541816

ISBN-13: 9780521541817

ISBN-10: 0521834007

ISBN-13: 9780521834001

Is globalization solid for democracy? Or has it made our governing associations much less dependable to voters? positioned on the intersection of diplomacy and comparative politics, this publication explores the consequences of globalization on nationwide governance. lower than what conditions do the transnational forces that embrace globalization motivate or discourage political responsibility? one of the transnational forces mentioned within the publication are the overseas financial Fund, the realm financial institution, multinational enterprises, the United international locations, deepest army contractors, peacekeepers, the eu court docket of Human Rights, and several other transnational social activities. utilizing in-depth case stories of occasions within which those transnational associations engage with nationwide governments and electorate, Valerie Sperling strains the impression of monetary, political, army, judicial, and civic globalization on country responsibility and investigates the measure to which transnational associations are themselves liable to the folks whose lives they change. to hear Valerie Sperling's interview with New Hampshire Public Radio, stopover at (Windows clients) (Mac clients) additionally, listen her interview with KOPN radio in Columbia, Missouri on reside audio movement

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2. 63 William Easterly, “IMF and World Bank Structural Adjustment Programs and Poverty,” World Bank, 2001. ”65 IMF programs not only have a negative impact on economic growth, but they also increase income inequality. 66 Put differently, working-class incomes tend to decline under IMF agreements. ”67 Why might IMF loans and the conditions associated with them decrease economic growth and exacerbate the gap between rich and poor in a given country? According to Vreeland, growth declines due to cuts in public investment, increased interest rates (leading to bankruptcy among local businesses), and capital flight: There is no reason to assume that upward shifts in income distribution should result in domestic investment.

Taming Globalization, p. 3. , p. 4. ” 35 Abouharb and Cingranelli, Human Rights and Structural Adjustment, pp. pdf. 36 Not only may the party spectrum be limited by the available policy options, restricted by economic competition among states for foreign investment and so on, but even candidates who oppose economic liberalization while on the campaign trail may become neoliberals once in office. Carlos Menem, running for the presidency of Argentina in 1989, had decided “to pursue austerity and large scale privatizations” far in advance of the election, but hid this intention from the voting public in order to retain the support of significant voter blocks, such as unions and state employees.

39, No. 2 (April 2004), p. 136. , p. 136. , p. 138. , p. 136. ”88 In democratic polities adopting IMF conditions, the accountability chain may be tortuous (from IMF staff, to the executive board, to the Board of Governors, to the government of the member state that appointed [or elected] its governor to the IMF, to the voter who can oppose that government in the next election). 89 Regardless of the type of government under which they live, the people most likely to experience the results of IMF policies are in effect excluded from the locus of decision making.

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Altered States: The Globalization of Accountability by Valerie Sperling

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