from the latest article in new left project: "Together the IMF, World Bank, and credit ratings agencies mould Uganda’s policy-making to fit the requirements of “credible” economic management. They define the benchmarks for measuring success and provide much of the vocabulary with which Ugandan policymakers articulate and defend their proposals. This makes divergence from the orthodoxy unlikely, not only because of the potential economic cost of donors and investors turning their backs, but also because heterodox voices have effectively been drowned out. Uganda’s policymaking elite is thoroughly integrated into an epistemic community of liberal economic expertise. It thinks how the IMF thinks."
Posted on: Thu, 10 Oct 2013 05:58:57 +0000
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