By P. Riggirozzi
Drawing at the Latin American political financial system, this ebook brings to the fore empirical questions about diversified styles of involvement of IFIs in pursuing politically-sensitive reforms, the skill of neighborhood actors to persuade results, the context during which they have interaction, the kind of coverage rules conveyed, and the coverage strategy which are complicated.
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Additional resources for Advancing Governance in the South: What Roles for International Financial Institutions in Developing States?
5 billion to stabilize the economic situation in Bolivia. Equally, terms of trade in the region have beneﬁted by raising demands in new centres of global power such as China and India (Chandrasekhar and Ghosh 2008: 8; also Chapter 7 in this book). The ﬁnancial and trade opportunities that the ‘new globalizers’ bring is unquestionably important to the emergence of power dynamics as they support and encourage new conﬁgurations of social relations, relations of production and a new space for an ideological redeﬁnition.
Equally, this study also attempts to compensate for the limitations of earlier writing in the public policy literature which overemphasized evidence and patterns in the adoption of public policies at the micro-level of government behaviour, assuming rational models in which ideas, policy models and institutions are transferred mimetically from one country to another. While this literature focused mainly on policy transfer in and between member countries of the OECD, it tended to overlook not only the interplay between multilateral institutions and developing countries, but also the nature of power relations and sources of power between actors (see James and Lodge 2003).
International ﬁnancial institutions can transfer ideas that legitimize certain policy preferences and the funds that can make them happen, but the ways and extent to which 18 Advancing Governance in the South policy change occurs depends on pro-reform engagement with local actors in the materialization of ideas and interests on the ground. The core argument The remainder of the book offers a detailed empirical and theoretical discussion of the processes and politics of achieving governance in developing countries.
Advancing Governance in the South: What Roles for International Financial Institutions in Developing States? by P. Riggirozzi