Book Description
With the end of the Cold War, the International Monetary Fund emerged as the most powerful international institution in history. But how much influence can the IMF exert over fiercely contested issues in domestic politics that affect the lives of millions? In Lending Credibility, Randall Stone develops the first systematic approach to answering this question. Deploying an arsenal of methods from a range of social sciences rarely combined, he mounts a forceful challenge to conventional wisdom. Focusing on the former Soviet bloc, Stone finds that the IMF is neither as powerful as some critics fear, nor as weak as others believe, but that the answer hinges on the complex factor of how much credibility it can muster from country to country.
Stone begins by building a formal, game-theoretic model of lending credibility, which he then subjects to sophisticated quantitative testing on original data from twenty-six countries over the 1990s. Next come detailed, interview-based case studies on negotiations between the IMF and Russia, Ukraine, Poland, and Bulgaria. Stone asserts that the IMF has exerted startling influence over economic policy in smaller countries, such as Poland and Bulgaria. However, where U.S. foreign policy interests come more heavily into play, as in Russia, the IMF cannot credibly commit to enforcing the loans-for-policy contract. This erodes its ability to facilitate enduring market reforms. Stone's context is the postcommunist transition in Europe and Asia, but his findings carry implications for IMF activities the world over.
Customer Reviews:
Book Prize Winner.......2004-11-20
Lending Credibility is the winner of the 2003 Ed A. Hewett book prize awarded annually by the American Association for the Advancement of Slavic Studies for the most outstanding publication on the political economy of the former Soviet Union, East Central Europe, and/or their successor states.
The book prize committee wrote the following citation about this volume:
One of the central debates of the transition from socialism over the past decade has been the role of the International Monetary Fund. It is vilified by some as the satanic agent of globalization, and ignored by others who treated democratization as a self-contained process divorced from the messy processes under way in the region's economies.
These debates about the role of the IMF have generated a lot of heat, but not that much light. Just how much influence did the IMF really have over the economies in transition? And was that influence a help or a hindrance the process of economic transition?
Randall Stone's book, Lending Credibility, is the first systematic effort to address these questions. It is a major achievement, the result of both careful reflection on how to conceptualize and investigate the problem, and a prodigious amount of effort gathering data.
A political scientist, Stone addresses one of the standard problems in that discipline: what influence can an international organization (in this case, IMF) have on the domestic policies of member countries (in this case, transition economies). To solve this problem, he deploys a variety of analytical tools. He uses a game-theoretic model of interaction between the IMF, borrower countries, and private investors to derive their equilibrium strategies. The predictions of the model are then tested statistically using a set of monthly data for the 1990s for 26 post-Communist countries, including over 20 variables. In an unprecedented feat of thoroughness, the author complements statistical testing with detailed interviews with dozens of former officials to reconstruct the decision-making process in four of the countries under study and test his theoretical results.
Stone develops the notion of credibility as the key factor linking IMF leverage to domestic decision making. He comes to a balanced conclusion, neither demonizing nor whitewashing the IMF, but arguing that the IMF can play a pivotal and positive role by using its lending to signal support and encouragement for the adoption of effective policies by national leaders.
An astonishing read.......2003-11-29
Quite the read: fluid, sober, well written and systematic in its approach. Pioneering the approach to this question, Randall Stone utilizes many different tools to present his argument and send his message. Not only is it sound in its argument, but also an enjoyable read. Anyone interested in real research about the impact of the IMF should consult this book.
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Aid and Power
Jane Harrigan
Manufacturer: Routledge
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Binding: Hardcover
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ASIN: 0415132096 |
Book Description
The first edition of Aid and Power has made one of the most significant and influential contributions within development circles. The global recession of the early 1980s prompted a revolution in aid policy. The major aid organizations, and the World Bank in particular, increasingly made aid payment conditional on changes in policy, generally of a type that reduced the level of government intervention in the economy. br br The second edition of Aid and Power: Volume One considers the impact this has had on the relationship between donor organizations and developing countries, concentrating on the delicate "bargaining" stage that was the focus of the aid process. It also examines whether policies which the World Bank has promoted have been a success. br br This updated edition has been revised to take into account the many developments since the books original publication in 1991, including changes in the Bank itself and the extension of policy based lending to the formerly socialist economies of East and Central Europe.
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Banking and Finance in East and Central Europe
Manufacturer: FT Finance, a division of Pearson Professional Limited
ProductGroup: Book
Binding: Spiral-bound
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ASIN: 1853347612 |
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Banking in Transition Economies: Developing Market Oriented Banking Sectors in Eastern Europe
Manufacturer: Edward Elgar Publishing
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Binding: Hardcover
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ASIN: 1858986044 |
Book Description
Banking in Transition Economies is a modern analysis of banking in the transition economies of Central and Eastern Europe and includes a detailed examination of banking in the first five years of transition as well as policy recommendations for banking reform in the region. This authoritative book presents an extensive investigation of changes in the structure of the banking industry and the progress of privatization, particularly in Hungary, Poland and the Czech Republic. A comparative evaluation of the different approaches to banking reform and restructuring is presented for these countries and the relative success of each scheme is assessed. In addition, privatization and the restructuring of 'problem banks' are analyzed as well as the strategy for re-capitalization and bank failure. The authors assess the organization and design of the new regulatory structures and the evolving role of savings institutions. The role of foreign banks in bringing reform to the region is also analyzed. The book offers policy prescriptions for the transition from a passive banking structure to an active financial sector supporting the development of the industrial sector, and for the role of the state after privatization. This book will be of great importance to bankers in Central and Eastern Europe and economists interested in the process of transition, as well as financial and monetary economists.
Book Description
Multilateral development banks (MDBs) are increasingly expected to address environmental issues in their economic development lending. Yet the banks have been accused of failing to implement their own environmental policies, thereby contributing to environmental degradation in borrowing countries. In this book Tamar Gutner analyzes the environmental policies of three MDBs: the World Bank, the European Bank for Reconstruction and Development, and the European Investment Bank. She compares their performance in Central and Eastern Europe, where the need for economic and environmental reform has been particularly urgent, and where these MDBs are among the largest donors.
Gutner finds many obstacles to efforts to "green" the three banks, most notably a mismatch between the environmental mandates and existing patterns of institutional design and incentives. The depth and scope of the banks’ green activities reflect the degree of shareholder commitment to environmental issues and how demand-driven the MDB is designed to be. Surprisingly, the World Bank, the most scrutinized and criticized of the three MDBs, has been rather more responsive than its counterparts to its environmental mandate in the region.
The discussion is framed by larger explorations of the behavior of international organizations and the sources of their innovation and inertia in addressing new policy issues. Gutner demonstrates the need to examine the impact of different stages of the policy process on new mandates and to incorporate both political and institutional variables when developing theories about the behavior of international institutions.
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Banking Reform in Central Europe and the Former Soviet Union (Central European University Press Book)
Manufacturer: A Central European University Press Book
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Binding: Paperback
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ASIN: 1858660394 |
Book Description
The contributors to this volume confront the main requirements placed on Central and East European financial systems during the transition to a market economy. Researchers have a unique opportunity to engage in comparative analysis, as different countries are approaching the building of their
banking systems in very different ways.
The 'first wave' of Central European reformers looked to the West for a model of how to transform their state-controlled banking systems so as to make them suitable for the needs of the market. These reforms, though far from complete, are now sufficiently advanced for lessons to be drawn from
them by the reformers in the former Soviet Union and Balkans. Here leading practitioners and financial advisers analyze the Central European experience and consider its implications for the 'second wave' of reformers.
Book Description
The 12 papers in this book explore issues in building a financial structure suitable for economies in transition. They cover four main topics: the problem of old and new debts; the development of a sound and efficient payment system; the establishment of an appropriate financial structure; and the importance of credit in the development of the real economy.
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Central Banking in Eastern Europe (Routledge International Studies in Money and Banking)
Barry Harrison
Manufacturer: Routledge
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Binding: Hardcover
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ASIN: 0415226198 |
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There is a growing academic consensus that governments can achieve lower inflation at a reduced social cost by making their central banks independent. Nowhere is this debate more relevant than in the transition economies of Eastern Europe, where the newly established central banks' attempts to stabilize prices have come into conflict with the social objectives of national governments.
This book, written by a multinational team of experts, explores the changing face of central banking in Eastern Europe in the light of modern macroeconomic thinking, providing important and novel insights into the design of monetary policy institutions.
With its authoritative content, this book will interest students and academics involved with money and banking, macroeconomics and Eastern European studies. Professionals working for financial institutions will also find plenty that will appeal within these pages.
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Marriage Proposals: Questioning a Legal Status
Anita Bernstein
Manufacturer: NYU Press
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The Place of Families: Fostering Capacity, Equality, and Responsibility
ASIN: 0814799299
Release Date: 2006-01-01 |
Book Description
"Enjoyable and provocative. . . . This collection nicely reveals and sorts through a host of exciting and complex questions about marriage."
—Martha McCluskey, co-editor of Feminism, Media, and the Law
"One of the curious features of the early twenty-first century has been the noisy presence of 'marriage' in the public culture. The result has been a public dialogue that often marries bad social science and homophobia, with understandable public anxieties about how children grow up in our world. We deserve better and Marriage Proposals provides it. Anita Bernstein's collection draws on the best work by some of the smartest and most thoughtful participants in the recent marriage wars. The authors ask the reader to think hard about how marriage can be justified today. And the result is a book that confronts some of the hardest and deepest questions that face us as a society."—Hendrik Hartog, author of Man and Wife in America: A History
"Bringing together insights from law, anthropology, and political theory, the rigorous essays in Marriage Proposals strip away easy assumptions about marriage. Readers will emerge from the volume inspired to bring the national conversation on these issues to a deeper and more interesting level."—Suzanne B. Goldberg, author of Strangers to the Law: Gay People on Trial
"Marriage Proposals brings new insights to the marriage debates by discussing the provocative idea of getting the government out of the business of marriage recognition altogether. Anyone seeking to think clearly about the nature and function of marriage in our society should read this collection."—Brian Bix, Frederick W. Thomas Professor of Law and Philosophy, University of Minnesota Law School
The essays in
Marriage Proposals envision a variety of scenarios in which adults would continue to join themselves together seeking permanent companionship and sustenance, linking sexual intimacy to a long commitment, usually caring for each other, and building new families. What would disappear are the legal consequences associated with marriage. No joint income tax return; no immigration privileges like the "fiancée visa" or the right to bring in a husband or wife; no special statuses for prison visits or hospital decisions; no prerogative to remain silent in court by claiming "confidential marital communications"; no pension entitlements; no marital benefits and detriments regarding criminal or civil liability.
The anthology makes a unique contribution amid the two marriage furors of the day: same-sex marriage and the Bush Administration's "marriage movement" (that marrying is good and more marriages would be better for society). Abolishing the legal category of marriage is the only policy suggestion in current American discourse that speaks to both causes. Activists on both sides of the same-sex marriage fight, along with marriage movement partisans, all seek improvement through law reform.
Marriage Proposals gives them a viable reform—abolition of marriage as a legal status—for fighting battles in the courtroom and the streets.
Contributors include Anita Bernstein, Peggy Cooper Davis, Martha Albertson Fineman, Linda C. McClain, Marshall Miller, Lawrence Rosen, Mary Lyndon Shanley, and Dorian Solot.
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Discover Dorset Farming (Discover Dorset)
J.H. Bettey
Manufacturer: Dovecote Press
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ASIN: 1874336695 |
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Fungal Protoplast: A Biotechnological Tool
D. Lalithakumari
Manufacturer: Science Publishers
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Binding: Paperback
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ASIN: 1578080932 |
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Fungal Protoplasts (Mycology Series, Vol 6)
J. Peberdy
Manufacturer: CRC
ProductGroup: Book
Binding: Hardcover
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ASIN: 0824771125 |
Book Description
Until now, information on fungal protoplasts has been scattered throughout various sources. With authoritative reviews of protoplast isolation and applications in fungal biology research, Fungal Protoplasts: Applications in Biochemistry and Genetics is the first volume devoted to a major area in experimental mycology-fungal protoplasts. Written by 18 pioneering experts, this unmatched, illustrated reference presents well-established knowledge of protoplast research as well as newer ideas and methods. The book encompasses advances in protoplast isolation techniques and methodology, uses of protoplasts in physiological, biochemical, and genetic studies, and developments in protoplast fusion that form the basis for transformation and gene cloning experiments, including applications in industrial biotechnology. This fact-filled book also features end-of-chapter bibliographies for further research.
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Noble Gas Compounds
Manufacturer: Univ of Chicago Pr (Tx)
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ASIN: 0226365409 |
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Noble Gas and High Temperature Chemistry (Structure and Bonding)
Manufacturer: Springer
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ASIN: 0387521240 |
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Noble Gas Geochemistry
Minoru Ozima , and
Frank A. Podosek
Manufacturer: Cambridge University Press
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ASIN: 0521803667 |
Book Description
Noble Gas Geochemistry gives a comprehensive description of the physical chemistry and cosmochemistry of noble gases, before leading on to applications for problem-solving in the earth and planetary sciences. There have been many developments in the use of the noble gases since publication of the first edition of this book in 1983. This second edition has been fully revised and updated. The book will be invaluable to graduate students and researchers in the earth and planetary sciences who use noble gas geochemistry techniques.
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Noble-gas chemistry
John H Holloway
Manufacturer: Methuen
ProductGroup: Book
Binding: Unknown Binding
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ASIN: B0006D1PF0 |
Book Description
This digital document is an article from Journal of Research of the National Institute of Standards and Technology, published by Thomson Gale on November 1, 2005. The length of the article is 3939 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: On the absorption spectrum of noble gases at the arc spectrum limit.
Author: Ugo Fano
Publication:
Journal of Research of the National Institute of Standards and Technology (Magazine/Journal)
Date: November 1, 2005
Publisher: Thomson Gale
Volume: 110
Issue: 6
Page: 583(5)
Distributed by Thomson Gale
Book Description
Introduction to Focused Ion Beams is geared towards techniques and applications. This is the only text that discusses and presents the theory directly related to applications and the only one that discusses the vast applications and techniques used in FIBs and dual platform instruments.
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- Bad news for Jane Austen fans
- Six of wonderful, half a dozen of dull
|
The Juvenilia of Jane Austen and Charlotte Bronte (Penguin Classics)
Jane Austen , and
Charlotte Bronte
Manufacturer: Penguin Classics
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The Tenant of Wildfell Hall (Oxford World's Classics)
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The Life of Charlotte Bronte (Oxford World's Classics)
ASIN: 0140432671 |
Customer Reviews:
Bad news for Jane Austen fans.......2006-07-15
Jane Austen is pretty surely damaged by this comparison : much as English novels are by comparison with French.
It would appear that Charlotte Brontë exceeds Jane Austen both in ability and sensibilities even from an early age.
The comparison of style in not in Austen's favor.Charlotte's poetry is as superior as her imagination
and characterizations.
She makes Austen's results appear more comical than realistic: cut out characterizations.
The emotional and lyrical expression of Brontë themes show a great depth of feeling
and understanding of human nature lacking in Austen.
Six of wonderful, half a dozen of dull.......2000-04-16
The two parts of this book differ greatly in reader appeal. While packaging the juvenilia of two loved women authors together seems like a good idea, I think the actual works are not particularly compatible. Jane Austen fans will love the sprightly, unrestrained wit of her juvenilia; 'Love and Freindship' in particular is a delightful romp, wickedly satirising the 'novels of sensibility' popular at the time. In contrast, the Bronte stories, which all form part of a series set in a fantasy world created by Charlotte together with her brother Branwell, are obscure and turgid. No doubt this peek at her early writing would be invaluable to a Bronte scholar, but the average reader is likely to lose interest. Particularly in contrast to Austen's lightness and ease of touch, the Bronte works seem clumsy and confusing. Still, the volume is worth buying only for the section on Austen, which is as far as I can tell fairly complete and an absolute must-read for any Austen fan.
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- Native Sources of Japanese Industrialization, 1750-1920 (Philip E. Lilienthal Books)
- Political Economy of Protest and Patience
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