An International Journal of Policy, Administration, and Institutions
Co-Editors Alasdair S. Roberts and Robert H. Cox Book Review Editor Clay Wescott
Has crisis changed the IMF?
Has the global economic crisis changed the International Monetary Fund - and if so, how? These were the questions posed at a workshop held at Boston University on April 8. The workshop was sponsored by the Boston University Center for Finance, Law and Policy and co-sponsored by Governance. The conveners were Professors Cornel Ban and Kevin Gallagher.
Cornel Ban and Daniela Gabor, Bristol Business School
The IMF has played an important role in shaping governmental responses to the crisis over the past six years. But the crisis has also affected the IMF itself. Scholars from twelve universities participated in the workshop, examining IMF policies on fiscal policy, debt restructuring, financial sector surveillance, capital controls, and other topics.
In an article published on March 29 in Sri Lanka's Sunday Island newpaper, Andrew Sheng, President of the Hong Kong-based Fung Global Institute, joins the debate on Francis Fukuyama's commentary "What is governance?" Read Fukuyama's commentary, and read Sheng's response.
And the Singapore Straits Times publishes a riposte to Kishore Mahbubani's observations on the Fukuyama commentary. Mahubani's argument, says Sun Xi, "may be easily misunderstood by the public as: democracy is dispensable or optional, so long as there is good governance." Read Mahbubani's response to Fukuyama, and read Xi's reply to Mahbubani.
Book reviews: the OECD's influence, Canada's dysfunction political system, and governance in the media age
In the current issue of Governance, Thomas Elston of the University of Nottingham reviews Frontiers of Governance: The OECD and Global Public Management Reform by Leslie Pal of Carleton University. Elston says that it is "by far the most comprehensive examination to date of the OECD's public management activities." Read the review.
Democratizing the Constitution: Reforming Responsible Government is reviewed by Ben Young of University College London. The book was authored by the late Peter Aucoin, Mark Jarvis, and Lori Turnbull. The book "provides a record of why Canada's political system has become dysfunctional," Young says. "Political scientists would do well to heed Canada's cautionary tale." Read the review.
And Jean-Philippe Gauvin of the Universit� de Montr�al reviews Authoritative Governance: Policy-making in the Age of Mediatization by Maarten Hajer. "The book tells a good story," Gauvin concludes. "It has an original, lucid take" on the way governance is practiced in the age of media. Read the review.