Governing International Financial Institutions: the power structures of the IMF and the World Bank

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Laerte Apolinário Júnior
Laerte Apolinário Júnior

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Governing International Financial Institutions: the power structures of the IMF and the World Bank

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Abstract

This paper analyses the governance structures of the international financial system, focusing on the International Monetary Fund and the World Bank. Therefore, this study elucidates the functioning of these institutions through an analysis of its power structures. First, we examine the origins, evolution, and the institutional structure of these organizations. Second, we perform a literature review on the governance of international institutions to highlight the most appropriate theories to analyze the object in question. Then, we examine the cases in question through the Principal-Agent theory.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Laerte Apolinário Júnior. 2020. \u201cGoverning International Financial Institutions: the power structures of the IMF and the World Bank\u201d. Global Journal of Human-Social Science - F: Political Science GJHSS-F Volume 20 (GJHSS Volume 20 Issue F7): .

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Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

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GJHSS-F Classification: FOR Code: 360199
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v1.2

Issue date

December 17, 2020

Language
en
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This paper analyses the governance structures of the international financial system, focusing on the International Monetary Fund and the World Bank. Therefore, this study elucidates the functioning of these institutions through an analysis of its power structures. First, we examine the origins, evolution, and the institutional structure of these organizations. Second, we perform a literature review on the governance of international institutions to highlight the most appropriate theories to analyze the object in question. Then, we examine the cases in question through the Principal-Agent theory.

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Governing International Financial Institutions: the power structures of the IMF and the World Bank

Laerte Apolinário Júnior
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