Accountability, Transparency and Democracy in the by Elena Sciso

By Elena Sciso

This ebook investigates the strengths and weaknesses – by way of transparency and compliance with the democratic precept – of Bretton Woods associations, contemplating crucial recommendations from the unique framework completed throughout the creation of autonomous responsibility and grievance mechanisms (the Inspection Panel and self sufficient overview Office), but additionally because of suitable reforms within the inner governance of the foreign financial Fund and the recent monetary suggestions instruments. considered one of its major focuses is on comparing the socio-economic effect of conditionality within the international locations requiring monetary counsel, acknowledging the necessity to advance social safeguard guidelines within the adjustment courses. furthermore, emphasis is given to the results of the “constitutionalization” of the Washington Consensus within the eu Union, with the institution of the so-called “Berlin-Brussels-Frankfurt Consensus.”

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