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Full Description
Offering an interdisciplinary analysis of the International Monetary Fund (IMF) and World Bank's (WB) interventions in Southern Europe during a transformative period in the 20th century and focusing on Southern Europe as its geographical frame, this volume brings together leading scholars from international history, economics and economic history to examine how these international financial institutions influenced, and were influenced by, economic and political developments in the region.
Written by specialists in the field, the volume presents national case studies in order to analyze the role of the IMF/WB in Southern Europe during key historical moments such as post-World War II reconstruction, the economic boom of the 1950s and 1960s, the crises of the 1970s, the collapse of the Bretton Woods system, and the transitions from authoritarian regimes to democracy. It examines both the institutional evolution of the IMF and the WB, and the role of member states, thereby providing a more comprehensive understanding of how these organizations operated within a regional and international context.
The International Monetary Fund and the World Bank in Southern Europe: Policy, Economy, and Institutional Transformation, 1950s-1980s for a broad academic audience, including scholars, researchers, and students in the fields of history, economics, international political economy, international relations, and political science.
Contents
Introduction 1. Competing Visions, Fragmented Strategies: The World Bank's Loans in Southern Italy (1946-1959) 2. Learning from Early Mistakes: The World Bank's Design and Evaluation of Cassa per il Mezzogiorno Programs, 1950-1959 3. Passing the baton: The International Bank for Reconstruction and Development and the European Investment Bank in the 1950s and 1960s 4. Italian governments and International Monetary Fund, between the 1940s and 1970s: the Political Role of International Loans 5. The IMF loans to Italy: between international constraints, economic distress, and political challenges (1974-1977) 6. Conditional lending in the Cold War era: Italy, the IMF, and the stand-by arrangement of April 1977 7. The International Monetary Fund and transition to democracy in Portugal (1975-1979) 8. Turkish Democracy, the International Financial Institutions, and the 1980 Military Coup 9. Stabilizing Greece: the IMF's Long Engagement, 1947-1980
