the historical examples I had in mind are various empires, or “empire moments” as such as MacArthur in Japan.
Today the IMF is a reasonable effective cudgel for institutional reform, but I don’t think it would take much to expand its operations and make them more ambitious both on the level of the cash it lends and the degree of involvement in recipient governance that it has.
the historical examples I had in mind are various empires, or “empire moments” as such as MacArthur in Japan.
Today the IMF is a reasonable effective cudgel for institutional reform, but I don’t think it would take much to expand its operations and make them more ambitious both on the level of the cash it lends and the degree of involvement in recipient governance that it has.