Vom Washington Consensus zum Flexiblen Keynesianismus – der Internationale Währungsfonds nach der Finanzkrise

Inhaltsverzeichnis

Bibliographische Infos

Cover der Ausgabe: PVS Politische Vierteljahresschrift Jahrgang 55 (2014), Heft 3
Vollzugriff

Zeitschrift der Deutschen Vereinigung für Politikwissenschaft

Jahrgang 55 (2014), Heft 3

Autor:innen:
Verlag
Nomos, Baden-Baden
Erscheinungsjahr
2014
ISSN-Online
0032-3470
ISSN-Print
0032-3470

Kapitelinformationen

Vollzugriff

Jahrgang 55 (2014), Heft 3

Vom Washington Consensus zum Flexiblen Keynesianismus – der Internationale Währungsfonds nach der Finanzkrise

Autor:innen:
ISSN-Print
0032-3470
ISSN-Online
0032-3470
Kapitelvorschau:

Der Internationale Währungsfonds kehrte im Zuge der jüngsten Finanzkrise wieder zu seinem Kerngeschäft – der Bereitstellung von Liquidität zur Überbrückung von Zahlungs­bilanzungleichgewichten – zurück. Die Krise scheint jedoch auch eine ideologische Zäsur zu markieren. Auf dem Londoner G20 Gipfel 2009 erklärten führende Politiker den „Washington Consensus“ für beendet und antizyklische Wirtschaftspolitik für das Gebot der Stunde. Dieser Beitrag fragt nach Anzeichen eines Paradigmenwechsels in der Krisenpolitik des IWF und nach dessen Antriebskräften. Argumentiert wird, dass sich auf der programmatischen Ebene ein Wandel hin zu einer neuen Wirtschaftsphilosophie des „flexiblen Keynesianismus“ abzeichnet und dieser sowohl von großen Mitgliedsstaaten als auch vom Fachpersonal des IWF vorangetrieben wird.

Literaturverzeichnis

  1. Babb, Sarah. 2003. The IMF in Sociological Perspective: A Tale of Organizational Slippage. Studies in Comparative International Development 38: 3-27. Google Scholar öffnen doi.org/10.1007/BF02686266
  2. Babb, Sarah. 2013. The Washington Consensus as transnational policy paradigm: Its origins, trajectory and likely successor. Review of International Political Economy 20: 268-297. doi: 10.1080/09692290.2011.640435. Google Scholar öffnen doi.org/10.1080/09692290.2011.640435
  3. Baldwin, Katherine. 2009. G20: France and Germany throw down the gauntlet. The Guardian (theguardian.com). http://www.theguardian.com/world/2009/apr/01/g20-summit-obama-brown. Zugegriffen: 25.11.2013. Google Scholar öffnen
  4. Barnett, Michael N., und Martha Finnemore. 1999. The Politics, Power and Pathologies of International Organizations. International Organization 53: 699-732. Google Scholar öffnen
  5. Barnett, Michael N., und Martha Finnemore. 2004. Rules for the World: International Organizations in Global Politics. Ithaca, N. Y.: Cornell University Press. Google Scholar öffnen
  6. BBC News, 25.6.2010: Geithner tells Europe to Focus on Growth. http://www.bbc.co.uk/news/10411167. Zugegriffen:18.3.2014. Google Scholar öffnen
  7. Bird, Graham. 2003. Restructuring the IMF’s Lending Facilities. The World Economy 26: 229-245. doi: 10.1111/1467-9701.00519. Google Scholar öffnen doi.org/10.1111/1467-9701.00519
  8. Bird, Graham. 2009. Reforming IMF Conditionality. From “streamlining” to “major overhaul”. World Economics 10: 81-104. Google Scholar öffnen
  9. Blanchard, Olivier, Giovanni Dell’Ariccia, und Paolo Mauro. 2010. Rethinking Macroeconomic Policy. IMF Staff Position Note SPN/10/03. Washington, D. C.: IMF. Google Scholar öffnen doi.org/10.5089/9781455224982.004.A001
  10. Blanchard, Olivier, Giovanni Dell’Ariccia, und Paolo Mauro. 2013. Rethinking Macro Policy II: Getting Granular. IMF Staff Discussion Note SDN/13/03. Washington, D. C.: IMF. Google Scholar öffnen doi.org/10.5089/9781484363478.006
  11. Catan, Thomas, und Ian Talley. 2013. Past Rifts Over Greece Cloud Talks on Rescue. Confidential Documents Reveal Deep Divisions at IMF Over 2010 Greek Bailout. Wall Street Journal (wsj.com). http://online.wsj.com/article/SB1000142405270230444140457911918.htm. Zugegriffen: 8.10.2013. Google Scholar öffnen
  12. Chwieroth, Jeffrey M. 2014. Controlling Capital: The International Monetary Fund and Transformative Incremental Change from Within International Organisations. New Political Economy 19: 445-469. doi: 10.1080/13563467.2013.796451. Google Scholar öffnen doi.org/10.1080/13563467.2013.796451
  13. Copelovitch, Mark S. 2010. Master or Servant? Common Agency and the Political Eco­nomy of IMF Lending. International Studies Quarterly 54: 49-77. doi: 10.1111/ Google Scholar öffnen doi.org/10.1111/j.1468-2478.2009.00577.x
  14. j.1468-2478.2009.00577.x. Google Scholar öffnen
  15. Elliot, Larry. 2009. Brown takes fight against protectionism to G20 summit. The Guardian (theguardian.com). http://www.theguardian.com/business/2009/feb/01/davos-brown-fights-protectionism-g20. Zugegriffen: 18.12.2013. Google Scholar öffnen
  16. G20. 2009a. London Summit – Leader’s Statement. 2 April 2009. http://www.imf.org/external/np/sec/pr/2009/pdf/g20_040209.pdf. Zugegriffen: 18.12.2013 Google Scholar öffnen
  17. G20. 2009b. G 20 Leaders Statement: The Pittsburgh Summit. September 24-25, 2009. http://www.g20.utoronto.ca/2009/2009communique0925.html. Zugegriffen: 29.11.2013. Google Scholar öffnen
  18. G20. 2011. Cannes Summit Final Declaration – Building Our Common Future: Renewed Collective Action for the Benefit of All. http://www.g20.utoronto.ca/2011/2011-cannes-declaration-111104-en.html. Zugegriffen: 29.11.2013 Google Scholar öffnen
  19. G20. 2013. G20 Leaders’ Declaration. St. Petersburg Summit, 5-6 September 2013. https://www.g20.org/sites/default/files/g20_resources/library/Saint_Petersburg_Declaration_ENG.pdf. Zugegriffen: 18.12.2013. Google Scholar öffnen
  20. Gallagher, Kevin. 2011. The IMF must heed G20 decisions. The Guardian (theguardian.com). http://www.theguardian.com/commentisfree/cifamerica/2011/nov/29/imf-must-heed-g20-decisions. Zugegriffen: 29.11.2013. Google Scholar öffnen
  21. Gallagher, Kevin P., und Jose Antonio Ocampo. 2013. IMF’s New View on Capital Controls. Economic & Political Weekly 48: 10-13. Google Scholar öffnen
  22. Giles, Christ. 2013a. IMF backs stimulus measures, but takes harder line on debt. Financial Times (ft.com). http://www.ft.com/intl/cms/s/0/a5ef16cc-1fa6-11e3-8861-00144feab7de.html#axzz2nox1Xfv3. Zugegriffen: 18.12.2013. Google Scholar öffnen
  23. Giles, Christ. 2013b. IMF adopts a more Keynesian line on deficits and stimulus. Financial Times (ft.com). http://www.ft.com/intl/cms/s/0/7dc8b574-29f4-11e3-9bc6-00144feab7de. Google Scholar öffnen
  24. html#axzz2nox1Xfv3. Zugegriffen: 18.12.2013. Google Scholar öffnen
  25. Grabel, Ilene. 2011. Not your grandfather’s IMF: global crisis, ‘productive incoherence’ and developmental policy space. Cambridge Journal of Economics 35: 805-830. doi: 10.1093/cje/ber012. Google Scholar öffnen doi.org/10.1093/cje/ber012
  26. Grabel, Ilene. 2013. The Rebranding of Capital Controls in an Era of Productive Incoherence. Working Paper Series No. 318. Amherst: Political Economy Research Institute, University of Massachusetts. Google Scholar öffnen
  27. Haas, Peter M. 1992. Introduction: Epistemic Communities and International Policy Coordination. International Organization 46: 1-35. Google Scholar öffnen doi.org/10.1017/S0020818300001442
  28. Hall, Peter A. 1993. Policy Paradigms, Social Learning, and the State: The Case of Economic Policy Making in Britain. Comparative Politics 25: 275-296. Google Scholar öffnen
  29. Hawkins, Darren G., David A. Lake, Daniel L. Nielson, und Michael J. Tierney (Hrsg.). 2006. Delegation and Agency in International Organizations. Cambridge: Cambridge University Press. Google Scholar öffnen doi.org/10.1017/CBO9780511491368.001
  30. Helleiner, Eric, und Bessma Momani. 2007. Slipping into Obscurity? Crisis and Reform at the IMF. CIGI Working Paper No. 16. Waterloo: Centre for International Governance Innovation. Google Scholar öffnen doi.org/10.2139/ssrn.964915
  31. Independent Evaluation Office (IEO). 2008. Structural Conditionality in IMF-supported Programs. IEO Evaluation Report January 03 2008. Washington, D. C.: IMF. Google Scholar öffnen
  32. Interview (1). 8. September 2009. Repräsentant Deutschlands im IWF-Exekutivdirekto­rium. Google Scholar öffnen
  33. International Monetary Fund (IMF). 2009a. IMF Implements Major Lending Policy Improvements. http://www.imf.org/external/np/pdr/fac/2009/pdf/032409.pdf. Zugegrif­fen: 30.10. 2013. Google Scholar öffnen
  34. International Monetary Fund (IMF). 2009b. IMF Overhauls Nonconcessional Lending Facilities and Conditionality. Public Information Notice (PIN) No. 09/40. Washington D. C.: IMF. http://www.imf.org/external/np/sec/pn/2009/pn0940.htm. Zugegriffen: 29.11.2013. Google Scholar öffnen
  35. International Monetary Fund (IMF). 2009c. IMF Executive Board’s Initial Discussion on the Review of Fund Facilities – Analytical Basis for Fund Lending and Reform Options. Public Information Notice (PIN), No. 09/41. Washington D. C.: IMF. http://www.imf.org/external/np/sec/pn/2009/pn0941.htm. Zugegriffen: 29.11.2013. Google Scholar öffnen
  36. International Monetary Fund (IMF). 2010. IMF Executive Board Approves Major Overhaul of Quotas and Governance. Press Release No. 10/418. Washington D. C.: IMF. http://www.imf.org/external/np/sec/pr/2010/pr10418.htm. Zugegriffen: 18.12.2013. Google Scholar öffnen doi.org/10.5089/9781455203482.002
  37. International Monetary Fund (IMF). 2012. The Liberalization and Management of Capital Flows: An Institutional View. Washington, D. C.: IMF. http://www.imf.org/external/np/pp/eng/2012/111412.pdf. Zugegriffen: 30.10.2013. Google Scholar öffnen
  38. International Monetary Fund (IMF). 2013a. Annual Report 2013. Promoting a More Secure and Stable Global Economy. Washington, D. C.: IMF. http://www.imf.org/external/pubs/ft/ar/2013/eng/pdf/ar13_eng.pdf. Zugegriffen: 18.12.2013. Google Scholar öffnen
  39. International Monetary Fund (IMF). 2013b. The IMF’s Extended Fund Facility (EFF). IMF Fact Sheet, September 2013. Washington, D. C.: IMF. http://www.imf.org/external/np/exr/facts/eff.htm. Zugegriffen: 22.11.2013. Google Scholar öffnen
  40. International Monetary Fund (IMF). 2013c. The IMF’s Precautionary and Liquidity Line. IMF Fact Sheet, 01.10.2013. Washington, D. C.: IMF. http://www.imf.org/external/np/exr/facts/pll.htm. Zugegriffen: 04.11.2013. Google Scholar öffnen
  41. Kiper, Esteban. 2010. Länder-Fact Sheet – Argentinien. In: Die G-20: Auf dem Weg zu ­einer »Weltwirtschaftsregierung«?, Hrsg. Christoph Pohlmann, Stephan Reichert und Hubert René Schillinger, 14-16. Berlin: Friedrich-Ebert-Stiftung. Google Scholar öffnen
  42. Killick, Tony. 1995. IMF Programmes in Developing Countries: design and Impact. London: Routledge. Google Scholar öffnen
  43. Lütz, Susanne, und Matthias Kranke. 2012. The Paradox of Weakness in Crisis Lending: How the European Commission Prevails over the IMF. Paper präsentiert beim Council of European Studies Meeting, 22.-24. März 2012, Boston. Google Scholar öffnen
  44. Lütz, Susanne, und Matthias Kranke. 2014. The European rescue of the Washington Consensus? EU and IMF lending to Central and Eastern European countries. Review of International Political Economy 21: 310-338. Google Scholar öffnen doi.org/10.1080/09692290.2012.747104
  45. Moreno, Pablo. 2013. The Metamorphosis of the IMF (2009-2011). Estudios económicos No.78. Madrid: Banco De Espana. Google Scholar öffnen
  46. Moschella, Manuela. 2011. Lagged Learning and the Response to Equilibrium Shock: The Global Financial Crisis and IMF Surveillance. Journal of Public Policy 31: 121-141. doi: http://dx.doi.org/10.1017/S0143814X11000043. Google Scholar öffnen doi.org/10.1017/S0143814X11000043
  47. Nielson, Daniel L., und Michael J. Tierney. 2003. Delegation to International Organizations. Agency Theory and World Bank Environmental Reform. International Organization 57: 241-276. doi: http://dx.doi.org/10.1017/S0020818303572010. Google Scholar öffnen doi.org/10.1017/S0020818303572010
  48. Ostry, Jonathan D., Atish R. Gosh, Karl Habermeier, Marcos Chamon, Mahvash S. Qureshi, und Dennis B. S. Reinhardt. 2010. Capital Inflows: The Role of Controls. IMF Staff Position Note SPN/10/04. Washington, D. C.: IMF. Google Scholar öffnen doi.org/10.5089/9781462347513.004
  49. Ostry, Jonathan D. 2012. Capital Controls: When Are Multilateral Considerations of the Essence? http://blog-imfdirect.imf.org/2012/09/07/capital-controls-when-are-multilateral-considerations-of-the-essence/. Zugegriffen: 18.12.2013. Google Scholar öffnen
  50. Ramos, Raquel Almeida, und Rathin Roy. 2012. Has IMF Advice Changed After the Crisis? One Pager No. 134. Brasilia: The International Policy Centre for Inclusive Growth. Google Scholar öffnen
  51. Stone, Randall W. 2002. Lending Credibility: the International Monetary Fund and the Post-Communist Transition. Princeton: Princeton University Press. Google Scholar öffnen
  52. Thacker, Strom C. 1999. The High Politics of IMF Lending. World Politics 52: 38-75. Google Scholar öffnen doi.org/10.1017/S0043887100020025
  53. Volkery, Carsten. 2013. Streit über Griechenland-Hilfe: Das falsche Spiel des IWF. Spiegel Online. http://www.spiegel.de/wirtschaft/iwf-und-eu-streiten-ueber-fehler-bei-der-griechenland-hilfe-a-904239.html. Zugegriffen 18.07.2013. Google Scholar öffnen
  54. Vreeland, James R. 2007. The International Monetary Fund: Politics of Conditional Lending. London: Routledge. Google Scholar öffnen
  55. Waeyenberge, Elisa van, Hannah Bargawi, und Terry McKinley. 2013. The IMF, Crises and Low-Income Countries: Evidence of Change? Review of Political Economy 25: 69-90. doi: 10.1080/09538259.2013.737125. Google Scholar öffnen doi.org/10.1080/09538259.2013.737125
  56. Wigglesworth, Robin. 2013. IMF warns Fed of QE exit spillovers. Financial Times Google Scholar öffnen
  57. (ft.com). http://www.ft.com/intl/cms/s/0/b367868e-2f66-11e3-8cb2-00144feab7de.html#axzz2nox1Xfv3. Zugegriffen: 18.12.2013. Google Scholar öffnen
  58. White House. 2009. News Conference by President Obama. ExCel Center. London, United Kingdom. http://www.whitehouse.gov/the-press-office/news-conference-president-obama-40209. Zugegriffen: 18.12.2013. Google Scholar öffnen
  59. Williamson, John. 1990. What Washington means by Policy Reform. In Latin American Adjustment: How Much Has Happened? Hrsg. John Williamson, 7-20. Washington D. C.: Institute for International Economics. Google Scholar öffnen

Zitation

Download RIS Download BibTex

Downloads

Download Kapitel (PDF)

Per E-Mail teilen

Medien