Chapter

Order, Justice, the IMF, and the World Bank

Ngaire Woods

in Order and Justice in International Relations

Published in print February 2003 | ISBN: 9780199251209
Published online November 2003 | e-ISBN: 9780191599293 | DOI: http://dx.doi.org/10.1093/0199251207.003.0004
 Order, Justice, the IMF, and the World Bank

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Woods's chapter focuses primarily on procedural justice within the international financial institutions. She argues that the procedures adopted by these institutions are central to the debate about global economic justice, and thus it is essential to explore how these bodies make decisions and implement them. Her conclusions suggest that, notwithstanding recent and important reforms, the institutions still suffer from weaknesses in representation and accountability. Unless these bodies attend to these deficiencies, the range and scope of their activities should be circumscribed.

Keywords: accountability; decision‐making; economic justice; IMF; implementation; international financial institutions; procedural justice; representation; transparency; World Bank

Chapter.  10144 words. 

Subjects: International Relations

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