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Association: Name: International Studies Association URL: http://www.isanet.org
Citation: URL: http://www.allacademic.com/meta/p97982_index.html Direct Link: HTML Code:

Best, Jacqueline. "The Moral Politics of IMF Reforms: Universal Economics, Particular Ethics" Paper presented at the annual meeting of the International Studies Association, Town & Country Resort and Convention Center, San Diego, California, USA, Mar 22, 2006 <Not Available>. 2009-05-25 <http://www.allacademic.com/meta/p97982_index.html>

Best, J. , 2006-03-22 "The Moral Politics of IMF Reforms: Universal Economics, Particular Ethics" Paper presented at the annual meeting of the International Studies Association, Town & Country Resort and Convention Center, San Diego, California, USA <Not Available>. 2009-05-25 from http://www.allacademic.com/meta/p97982_index.html

Publication Type: Conference Paper/Unpublished Manuscript Abstract: The IMF's response to the financial crises of the 1990s has centred on the development of an extensive series of international economic standards and codes that it believes all states should eventually adopt. Fund representatives have sought to justify these reforms by making explicitly moral arguments for them. In this paper, I will take a closer look at this new turn to ethical argument in the mainstream of international finance, in order to determine its implications for both financial governance and political ethics.I will suggest that although ethical discourse has historically played a crucial role in sustaining financial regimes, the recent turn to moralize finance is novel for it represents a new kind of economic and ethical liberalism. Financial leaders are drawing on a particularist communitarian ethic when they use the language of "self-responsibility" and "country ownership" to emphasize developing countries' responsibility for their own economic success or failure. At the same time, they rely on a universalist cosmopolitan ethic when they define countries' obligations as abiding by a set of "transparent" "universal standards" of "good economic citizenship."Two seemingly contradictory ethical frameworks are thus combined in the Fund's arguments into a new form of communitarian economic liberalism. This new ethical hybrid plays a crucial role in legitimizing the Fund's reforms, embedding a universal vision of the global economy through a particularist ethics that places the responsibility for change on developing states.

Economic Globalization, Domestic Politics, and Neoliberal Reform of Telecommunications in Affluent Democracies, 1982-2002

THE POLITICS OF ECONOMIC POLICY CHANGES IN SUB-SAHARAN AFRICA: DOMESTIC ELITES' IDEAS AND THE SHIFT TO NEOLIBERAL ECONOMIC REFORMS IN KENYA (1995-2008).

The Politics of Second-Generation Economic Reforms in Eastern Europe: The Advantages of Backwardness?