Journals Higher Education



Published: 22 February 2018

304 Pages


ISBN: 9780198813088

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Bookseller Code (AJ)

The IMF and the Politics of Austerity in the Wake of the Global Financial Crisis

Ben Clift

  • Provides the first comprehensive analysis of major shifts in IMF fiscal policy thinking in the GFC and Eurozone crises, and the IMF's role in the politics of austerity
  • Advances a constructivist institutionalist explanation
  • Builds an innovative theory specifying four mechanisms of IMF ideational change - reconciliation, operationalization, corroboration, and authoritative recognition
  • Combines in-depth content analysis of the Fund's vast intellectual production with extensive interviews with large numbers of IMF economists and management