Open Government

2021 ◽  
pp. 667-682
Author(s):  
Gary Murphy
Keyword(s):  
Public Policy ◽  
International Monetary Fund ◽  
European Central Bank ◽  
Open Government ◽  
Freedom Of Information ◽  
The Public ◽  
European Central ◽  
Public Policy Decisions ◽  
The International Monetary Fund ◽  
Opening Up

Since Irish independence in 1922, governance structures have been excessively secretive. Political and civil service elites operated on a presumption of secrecy and a principle that the public did not need to know about decisions being taken in their name. In the last two decades, a number of policy innovations have gone some way towards providing for a more open polity. These include Ombudsman, regulation of lobbying, and freedom of information legislation, enacted over concerns about payments to politicians and a series of catastrophic public policy decisions that led to the bailout of the Irish economy by the International Monetary Fund, the European Commission, and the European Central Bank. This chapter assesses the importance of the principle of open government in modern Irish politics. It examines the nature of secrecy, assesses the tentative opening up of government since the 1980s, and analyses the open government proposals introduced since 2011.

A Discussion of Mark Blyth's Austerity: The History of a Dangerous Idea

2017 ◽  
Vol 15 (2) ◽  
pp. 557-558
Author(s):  
Glyn Morgan
Keyword(s):  
Central Bank ◽  
International Monetary Fund ◽  
Financial Institutions ◽  
European Central Bank ◽  
Eurozone Crisis ◽  
European Central ◽  
History Of ◽  
Fiscal Austerity ◽  
The International Monetary Fund

The ongoing Eurozone crisis has brought to the fore the discourse of “austerity.” A number of countries, most dramatically Greece, have been called upon to institute policies of fiscal austerity as a condition of further support from the international financial community. The situation has generated some serious disagreements among economists, policymakers, and indeed important financial institutions such as the International Monetary Fund and the European Central Bank. Mark Blyth’s Austerity: The History of a Dangerous Idea speaks directly to these ongoing current debates. We have invited a range of political scientists working on related issues to comment on the book’s arguments and their relevance to the work that they do.

Pluralist Accountability in Times of Economic Crisis

2020 ◽  
pp. 151-180
Author(s):  
Gisela Hirschmann
Keyword(s):  
Human Rights ◽  
European Commission ◽  
European Central Bank ◽  
Global Financial Crisis ◽  
Constitutional Court ◽  
The European Union ◽  
The Public ◽  
European Central ◽  
The Global Financial Crisis ◽  
The International Monetary Fund

This chapter analyzes the conditions for pluralist accountability in response to human rights violations that were attributed to the European Union (EU) Troika’s austerity policies that were implemented in Greece and Portugal between 2010 and 2015 in response to the global financial crisis. I demonstrate how competition between national and EU institutions, and between different EU institutions, led the Portuguese Constitutional Court and the European Parliament to develop distinguished profiles as accountability holders. Major differences existed as to the degree of vulnerability of the different Troika institutions to human rights demands: while the International Monetary Fund and European Central Bank rendered themselves immune against human rights demands, the European Commission was more vulnerable due to its broader mandate and the declining trust of the public in EU institutions’ capacity to address the crisis. This explains why a pluralist accountability framework was most active with regard to the European Commission.

A Discussion of Mark Blyth's Austerity: The History of a Dangerous Idea

2017 ◽  
Vol 15 (2) ◽  
pp. 559-560
Author(s):  
Thomas Oatley
Keyword(s):  
Central Bank ◽  
International Monetary Fund ◽  
Financial Institutions ◽  
European Central Bank ◽  
Eurozone Crisis ◽  
European Central ◽  
History Of ◽  
Fiscal Austerity ◽  
The International Monetary Fund

The ongoing Eurozone crisis has brought to the fore the discourse of “austerity.” A number of countries, most dramatically Greece, have been called upon to institute policies of fiscal austerity as a condition of further support from the international financial community. The situation has generated some serious disagreements among economists, policymakers, and indeed important financial institutions such as the International Monetary Fund and the European Central Bank. Mark Blyth’s Austerity: The History of a Dangerous Idea speaks directly to these ongoing current debates. We have invited a range of political scientists working on related issues to comment on the book’s arguments and their relevance to the work that they do.

scholarly journals Denationalization: Neoliberalism after Foucault

2016 ◽  
Vol 27 (1) ◽  
pp. 171-185
Author(s):  
Marcello Barison
Keyword(s):  
European Union ◽  
Central Bank ◽  
International Monetary Fund ◽  
European Central Bank ◽  
Economic Knowledge ◽  
The European Union ◽  
European Central ◽  
Governmental Organizations ◽  
The Relationship ◽  
The International Monetary Fund

Starting from Michel Foucault?s considerations dedicated to economic knowledge (especially in Il faut d?fendre la soci?t? and Naissance de la biopolitique), this paper is about setting up a possible theoretical framework in which to situate the relationship between political power and neoliberalism as they appear in their modern articulation, analyzing in depth how international governmental organizations - such as, for example, the European Central Bank, the European Union and the International Monetary Fund - are involved in this process.

scholarly journals Instruments for Supporting Members of the Eurozone in Overcoming the Financial Crisis Utilised by The International Monetary Fund Using the Example of Greece

2020 ◽  
Vol 7 (2) ◽  
pp. 123-146
Author(s):  
Agnieszka Wicha
Keyword(s):  
Financial Crisis ◽  
Central Bank ◽  
International Monetary Fund ◽  
Euro Area ◽  
European Central Bank ◽  
Efficient Operation ◽  
European Central ◽  
The International Monetary Fund ◽  
Of Greece ◽  
The Imf

The purpose of this article is to present the instruments and resources used by the International Monetary Fund to support the euro area countries in overcoming the financial crisis on the example of Greece. The article points out types of loan instruments and other measures taken by the IMF to support Greece. The author also indicates the reforms that had to be made at the IMF for a better and more efficient operation of this institution against the challenges of the global crisis. In addition, the specificity of cooperation between the IMF, the European Commission and the European Central Bank is analyzed.

A Discussion of Mark Blyth's Austerity: The History of a Dangerous Idea

2017 ◽  
Vol 15 (2) ◽  
pp. 555-556
Author(s):  
Sarah Binder
Keyword(s):  
Central Bank ◽  
International Monetary Fund ◽  
Financial Institutions ◽  
European Central Bank ◽  
Eurozone Crisis ◽  
European Central ◽  
History Of ◽  
Fiscal Austerity ◽  
The International Monetary Fund

The ongoing Eurozone crisis has brought to the fore the discourse of “austerity.” A number of countries, most dramatically Greece, have been called upon to institute policies of fiscal austerity as a condition of further support from the international financial community. The situation has generated some serious disagreements among economists, policymakers, and indeed important financial institutions such as the International Monetary Fund and the European Central Bank. Mark Blyth’s Austerity: The History of a Dangerous Idea speaks directly to these ongoing current debates. We have invited a range of political scientists working on related issues to comment on the book’s arguments and their relevance to the work that they do.

The Relevance of Trust

2018 ◽  
Author(s):  
Inmaculada de Melo-Martín ◽  
Kristen Intemann
Keyword(s):  
Public Policy ◽  
Negative Impact ◽  
Scientific Information ◽  
Policy Decisions ◽  
The Public ◽  
Epistemic Trust ◽  
Proper Role ◽  
Scientific Institutions ◽  
Public Policy Decisions ◽  
Scientific Phenomena

This chapter offers a brief overview of the importance of epistemic trust and the relevance that scientific institutions and practices have in promoting or undermining warranted public trust. Epistemic trust is crucial for the production of scientific knowledge, the ability of the public to make sense of scientific phenomena, and the development of public policy. Normatively inappropriate dissent is more likely to take hold and erroneously affect people’s beliefs and actions in a context where the trustworthiness of scientists is called into question and where there is an excessive reliance on scientific information when it comes to assessing policy decisions. Thus, finding ways to facilitate and sustain warranted epistemic trust, as well as increasing understanding of the proper role of science in public policy decisions can help mitigate the negative impact of dissenting views.

Dramatis Institutiones

2017 ◽  
Author(s):  
C. Randall Henning
Keyword(s):  
European Union ◽  
Central Bank ◽  
International Monetary Fund ◽  
Euro Area ◽  
European Central Bank ◽  
The European Union ◽  
European Central ◽  
Regime Complex ◽  
Basic Facts ◽  
Institutional Conflict

The regime complex for crisis finance in the euro area included the European Council, Council of the European Union, and Eurogroup in addition to the three institutions of the troika. As the member states acted largely, though not exclusively, through the council system, these bodies stood at the center of the institutional mix. This chapter reviews the institutions as a prelude to examining the dilemmas that confronted them over the course of the crises. It presents a brief review of some of the basic facts about their origins, membership, and organization. Each section then delves more deeply into these institutions’ governance and principles to understand their capabilities and strategic challenges. As a consequence of different mandates and design, the European Commission, European Central Bank, and International Monetary Fund diverged with respect to their approach to financing, adjustment, conditionality, and debt sustainability. This divergence set the stage for institutional conflict in the country programs.

Introduction

2017 ◽  
Author(s):  
C. Randall Henning
Keyword(s):  
Euro Area ◽  
European Central Bank ◽  
International Political Economy ◽  
Euro Crisis ◽  
European Monetary ◽  
Member States ◽  
European Central ◽  
Regime Complex ◽  
The International Monetary Fund ◽  
European Monetary Fund

European governments, against their initial instincts, invited the International Monetary Fund to design financial rescue programs during the euro crisis in cooperation with the European Commission and European Central Bank. These institutions, known as the “troika,” constitute a regime complex in the parlance of international political economy. This book poses four questions about the regime complex for crisis finance in the euro area: Why did European governments choose this particular mix of institutions? What was the strategy of key member states in directing several institutions to collaborate on lending programs? Why did this arrangement endure despite severe conflicts among the institutions? Should the member states of the euro area “go it alone” by creating a European Monetary Fund? This chapter elaborates on these questions and provides an overview of the book.

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