PPT-IMF Programs, Democracy,

and Income Inequality By Rachel Azafrani and Leo Zucker But IMF programs doubly hurt others who are less well off They lower growth and exacerbate income inequality Vreeland 2003 By bringing in the IMF governments gain political leverage via conditionality to push through unpopular policies For certain constituencies these policies dampen the effects of bad economic performance by redistributing income . Forms of Government - Democratic. Direct Democracy. Representative Democracy. People. Laws. Created by the people. Representatives. Elected by the people. Laws. Enacted by elected. representatives. Supreme authority rests in the hands of the people.. Big Idea: . The people of Athens tried many different forms of government before creating a democracy. Main Ideas: . Aristocrats and tyrants ruled early Athens. Athens created the world’s first democracy. Democracy is both a sacred and a promiscuous word. We all love her but we see her differently. She is hard to pin down. Everyone claims her but no one can possess or even name her fully. To give any definition for a class to learn would not be particularly democratic. To have any open-ended discussion about possible meanings could be reasonably democratic. Perhaps like ‘. Business Situation. IMF - Overview. Introduction. Structure. How does it work?. Standardization status. What’s new?. Business Cases. introduction. Industry issues. International film distribution results in thousands of different versions. Political Economy of the Global South. Prof. Tyson Roberts. What is Democracy?. “that institutional arrangement for arriving at political decisions in which individuals acquire the power to decide by means of a competitive struggle for the people’s vote” (Schumpeter 1947). PHILIP KITCHER. IN COMPLEX SOCIETIES, THERE IS A LOSS OF COMMUNITY – AND THIS IS DETRIMENTAL TO THE HEALTH OF ANY DEMOCRACY.. THE ECONOMIC PRESSURES OF COMPLEX SOCIETIES DISTORT THE FUNCTION OF EDUCATION, AND THEREBY UNDERMINE DEMOCRATIC VALUES AND INSTITUTIONS.. • an attempt to reconnect a strong (demanding) conception of . the moral ideal of democracy. with the problem of . political outcome. •. democracy as process. - neither just an institutional system of government . Thomas Stubbs. ths27@cam.ac.uk. http://www.tstubbs.net. SOCP304 – 14B: Health, Wellbeing and Policy. 1. st. October 2014. A Greek Tragedy. Introduction. International Monetary Fund (IMF or Fund). Structural Adjustment Programs (SAPs). Democracy,. and Income Inequality. By Rachel Azafrani and Leo Zucker. “But IMF programs doubly hurt. others who are less well off: They lower growth and exacerbate income inequality. .” - Vreeland, 2003. Daily Dilemma #4: . Which is better, a government that is highly responsive to public opinion on all matters or one that responds to organized groups that argue their case effectively? . Introduction. Democracy,. and Income Inequality. By Rachel Azafrani and Leo Zucker. Literature: IMF Participation.... ...increases . poverty . (Handa & King 1997; Oberdabernig . 2012. ). ...adversely affects . Prakash Loungani . Chief, Development Macroeconomics, Research Department, IMF. Co-Chair, Jobs & Growth Working Group, IMF . IDRC/CDESG. October 13, 2015. Views expressed are those of the presenter and should not be ascribed to the IMF.. and Income Inequality. By Rachel Azafrani and Leo Zucker. Literature: IMF Participation.... . ...increases . poverty . (Handa & King 1997; Oberdabernig 2012). . ...adversely affects . income inequality. At the Bretton Woods Conference held in July 1944, delegates from 44 non-communist countries negotiated an agreement on the structure and operation of the international monetary system.. Origin of IMF:.