Introduction The formal dismantling of colonial empires following the Second World War marked one of the most significant transformations in international politics. Between the late 1940s and the 1970s, Asia, Africa, and the Caribbean witnessed an unprecedented wave of decolonization, resulting in the emergence of numerous sovereign states. Political independence, however, did not necessarily translate … Continue reading How does neo-colonialism explain the persistence of unequal power relations between developed and developing countries in the post-colonial era?
Tag: structural adjustment
To what extent do international financial institutions such as the IMF and the World Bank retain legitimacy and relevance within contemporary global governance frameworks, and what institutional reforms are necessary to enhance their accountability, representativeness, and effectiveness in addressing global economic asymmetries?
The Legitimacy and Relevance of International Financial Institutions in Contemporary Global Governance: Challenges and Imperatives for Reform International Financial Institutions (IFIs) such as the International Monetary Fund (IMF) and the World Bank have long occupied a central place in the architecture of global economic governance. Established in the aftermath of World War II under the … Continue reading To what extent do international financial institutions such as the IMF and the World Bank retain legitimacy and relevance within contemporary global governance frameworks, and what institutional reforms are necessary to enhance their accountability, representativeness, and effectiveness in addressing global economic asymmetries?