Conditionality, coercion and other forms of 'power': international financial institutions in the Pacific

dc.contributor.authorLarmour, Peter
dc.coverage.spatialAPSEG, RSPAS, The Australian National University
dc.coverage.temporalJuly 2002
dc.date.accessioned2003-07-15en_US
dc.date.accessioned2004-05-19T10:40:05Zen_US
dc.date.accessioned2011-01-05T08:24:27Z
dc.date.available2004-05-19T10:40:05Zen_US
dc.date.available2011-01-05T08:24:27Z
dc.date.created2002en_US
dc.date.issued2002en_US
dc.date.updated2015-12-12T09:31:00Z
dc.description.abstractConditionality Recent relationships between Papua New Guinea (PNG), the International Monetary Fund (IMF), and the World Bank have been stormy. At various points in the loan negotiations students rioted, the Prime Minister told the World Bank to ‘go to hell’, and the World Bank’s chief negotiator defected to the PNG side. He was later jailed. The relationship between the Asian Development Bank (ADB) and its South Pacific clients were also sometimes uneasy, and led its Board of Directors to commission a self-assessment. The article compares the use of loan conditions by the International Financial Institutions (IFIs) in Papua New Guinea and six small island states of the South Pacific. In spite of their juridical sovereignty, their small size may make them particularly vulnerable to international pressure. It is part of a wider study of ‘institutional transfer ’ which sees ‘conditionality’ as one of the mechanisms by which institutions are borrowed, transplanted or imposed on other countries. Conditionality lies on a continuum that runs from voluntary ‘lesson drawing’ at one extreme, to direct imposition of a policy on the other.
dc.format.extent104742 bytes
dc.format.extent352 bytes
dc.format.mimetypeapplication/pdfen_US
dc.format.mimetypeapplication/octet-streamen_US
dc.identifier.issn0271-2075
dc.identifier.urihttp://hdl.handle.net/1885/40602en_US
dc.identifier.urihttp://digitalcollections.anu.edu.au/handle/1885/40602
dc.language.isoen_AUen_US
dc.publisherWiley-VCH Verlag GMBH
dc.relation.ispartofseriesKumul Scholars International Conferenceen_US
dc.sourcePublic Administration and Development
dc.subjectPNG
dc.subjectPapua New Guinea
dc.subjectconditionality
dc.subjectloans
dc.subjectpower
dc.subjectgovernment
dc.subjectgovernance
dc.subjectmacroeconomic stability
dc.subjecteconomic
dc.subjectdevelopment
dc.subjectADB
dc.subjectAsian Development Bank
dc.subjectreform program
dc.subjectcoercion
dc.titleConditionality, coercion and other forms of 'power': international financial institutions in the Pacific
dc.typeConference paper
local.bibliographicCitation.lastpage260
local.bibliographicCitation.startpage249
local.citationKumul Scholars Interntional Papers KS102-7en_US
local.contributor.affiliationAPSEGen_US
local.contributor.affiliationANUen_US
local.contributor.authoruidLarmour, Peter, u9408067
local.description.notesKumul Scholars International papers from the Conference in Canberra, Australia in July 2002en_US
local.description.refereednoen_US
local.identifier.absfor140210 - International Economics and International Finance
local.identifier.ariespublicationMigratedxPub24335
local.identifier.citationnumber7en_US
local.identifier.citationvolumeKS102en_US
local.identifier.citationyear2002en_US
local.identifier.doi10.1002/pad.228
local.identifier.eprintid1676en_US
local.identifier.scopusID2-s2.0-0036672831
local.identifier.uidSubmittedByMigrated
local.rights.ispublishednoen_US
local.type.statusPublished Version

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