The Relationship between International (Financial) Institutions and Their Member States

2019 ◽  
pp. 21-59
2000 ◽  
Vol 26 (4) ◽  
pp. 557-573 ◽  
Author(s):  
DAVID WILLIAMS

This article examines the changing status of ‘sovereignty’ in the context of some of the world's poorest countries. An examination of the relationship between the International Financial Institutions (IFIs) and these countries suggests that the norm of sovereignty is increasingly being ‘trumped’ by the IFIs' commitment to the achievement of good political and social arrangements and economic development within these countries. The article explores the historical roots of this development by tracing the way sovereignty became bound up with the idea of self-determination, the achievement of the ideals of the Enlightenment, and the pursuit of a ‘national economic project’.


2007 ◽  
Vol 33 (3) ◽  
pp. 395-413 ◽  
Author(s):  
LILIANA POP

ABSTRACTThis article analyses the complex interplay between domestic systemic transformations in post-communist Europe and the reintegration of these countries in the global political economy, through a study of the relationship between successive Romanian governments and the international financial institutions in the 1990s. Conceptually, it seeks to overcome the dichotomies of realist and rationalist approaches to international relations by deploying fields, habitus and practices conceptual framework inspired by the work of Pierre Bourdieu. The article captures both the symbolic and material-structural dimensions of the interaction between domestic field-creation and the reproduction of global economic and political fields. It suggests that practices aimed at the reproduction of power hierarchies are also modulated by symbolic requirements, to save face and to avoid whenever possible open conflict, related to the logic of honour.


Author(s):  
Ilya Lifshits

The Member States of the European Union have transferred to it the substantial scope of the domestic competence in financial sphere. So, the EU exclusive competence covers the monetary policy of the Member States whose currency is the euro. Besides that, the legal regulation of the activities in the banking, insurance and stock markets are largely performed from the EU level. The European Union is not a member of many international financial institutions that determine global financial legal order in the modern world. Moreover, until now there is no established procedure for EU Member States coordination in such institutions. Based on systemic and comparative legal methods, the article explores peculiarities of realization of the EU external competence. The author concludes that development of financial integration in the European Union will inevitably lead to development of the legislation that would clearly regulate the procedure of EU Member States coordination in the international financial institutions. It would further limit legal capacity of the Member States and would result in so called “Europeanization” of the international financial legal order. Brexit would enhance this process.


Author(s):  
Jacqui True ◽  
Barbro Svedberg

This chapter explores the relationship between the policy development and lending programs of International Financial Institutions (IFI) and the Women, Peace, and Security agenda. Using the examples of the International Monetary Fund and the World Bank, we demonstrate the importance of IFIs for advancement of the WPS agenda. We make the case for the relevance of the WPS agenda to IFIs given their institutional mandates and commitment to gender and global development agendas, as well as their more recent emphasis and commitment with respect to “fragility, conflict and violence” (FCV) contexts. Moreover, this chapter explores practical ways to integrate these agendas, bringing IFIs into WPS and vice versa. To this end, we evaluate existing initiatives, such as development and financial commitments to FCV states, donors and conflict-affected country WPS National Action Plans, and World Bank country strategies, in order to identify entry points and opportunities for bolstering the political economy tools of the to-date largely security and human rights-focused WPS agenda.


Author(s):  
Serhii Voitko ◽  
◽  
Yuliia Borodinova ◽  

The article examines the interaction of the national economy of Ukraine with international credit and financial organizations, evaluates the positive and negative consequences and identifies possible areas for further cooperation. The role of international credit and financial organizations in the development of the global economy is analyzed. Today, international financial institutions have taken a leading place among institutions that provide financial support and contribute to the implementation of necessary reforms aimed at developing enterprises in various sectors of the economy and strengthening the country's financial sector as a whole. The importance of cooperation between Ukraine and international financial institutions for the development of the country's economy has been determined. The problems and directions of development of cooperation with leading credit and financial organizations in modern conditions are identified. Despite the presence of certain shortcomings, cooperation between Ukraine and international credit and financial organizations will continue in the future.


Author(s):  
Natalia Popova

The concept of Europeanization has become quite fashionable in EU studies in recent years. It is often used for the analysis of the relations between the EU and non-member states. The aim of the article is to examine the possibilities of its application in explaining the relationship between the EU and Ukraine. The structure of the article is as follows: firstly, the concept of Europeanization is defined considering such two disputable issues as distinguishing among concepts of Europeanization and European integration as well as Europeanization and EU-ization. Next, the evolution of the theoretical research of Europeanization and definition of this concept are analyzed. Two main mechanisms of Europeanization (conditionality and socialization) are examined. The author considers main approaches to the analysis of the "external" Europeanization emphasizing the concept of "external governance". Three groups of factors which influence the effectiveness of Europeanization are briefly analyzed. And finally, the peculiarities of application of the Europeanization concept to the Ukraine-EU relations are outlined. Keywords: EU, Ukraine, Europeanization, EU-ization, ‘external’ Europeanization, conditionality, socialization, concept of ‘external governance’


Sign in / Sign up

Export Citation Format

Share Document