On the World Bank’s CommGAP blog, Sina Odugbemi discusses Governance’s special issue on limited statehood. “It is an excellent issue of the journal and worth reading,” says Odugdemi.
On the Global Integrity blog, Alan Hudson references Matt Andrews’ 2010 Governance article in a discussion about the need to move “beyond the ‘good governance mantra.'”
And the World Bank’s iChallenge workshop, held in Paris on October 29-30, says that Francis Fukuyama’s 2013 commentary in Governance has “spurred the debate” about how to measure the effectiveness of public institutions.
In a commentary for the next issue of Governance, Marcus Mietzner of Australian National University looks at the results of last month’s election in Indonesia, the world’s fourth most populous country. Enthusiasm over the election of Joko Widodo “is already giving way to a growing realization of the protracted problems” confronting the country, Mietzner says. These include “the fight against corruption, economic reform, infrastructure development, and reduction of wasteful subsidies.” Free access to the commentary.
Also: read earlier online comments on recent elections in India and the European Union by Thomas Risse, Alexander Katsaitis, Krishna Tummala, and Rahul Mukherji.
In the current issue of Governance, Allen Schick reviews The International Handbook of Public Financial Management, edited by Richard Allen, Richard Hemming, and Barry Potter. “The handbook is forthright in describing the many reforms that have energized PFM practices in recent decades,” Schick says. But “By their disregard of politics, almost all of the Handbook‘s dream team of authors purges PFM of political content and influence.” Read the review.
And Alvin Camba reviews Participatory Governance in the EU, by Karl-Oskar Lindgren and Thomas Persson. The book uses a case study of chemical regulation to determine whether civil society participation enhances the formation of a democratic EU. There are difficulties with argumentation and evidence, Camba says. Still, “this is a fresh and timely contribution to the governance literature.” Read the review.
A forthcoming special issue of Governance (28.2, April 2015) will consider how the 2008 financial crisis has changed policy and practice within the International Monetary Fund. The special issue is co-edited by professors Cornel Ban and Kevin Gallagher of the Pardee School of Global Studies at Boston University.
Ban and Gallagher explain the aims of the special issue:
Recently, the IMF has been in the headlines as a critic of austerity, inequality and unrestricted capital movements. This is in stark contrast to its conventional pre-crisis image as rigid international bully imposing draconian policies on countries in trouble.
In the special issue of Governance, the contributors examine how extensive these changes have been in both theory and in practice and provide explanations of the resulting patterns of stability and change. They find extensive evidence that the Fund has indeed experienced a significant recalibration of its policy advice and supervision since the 2008 crisis and attribute this outcome to staff politics, the rise of the BRICS’s or shifts in the economics profession.
However, not all changes in policy doctrine traveled into the IMF’s policy practice. Moreover, deeper shifts in policy doctrine were largely tempered by the nature of the institution and the powerful interests that control its governing structure. To make these arguments, the contributions examine fiscal policy, sovereign debt policy, structural reforms, capital controls and financial sector stability.
All of the papers in the special issue are now published on Governance EarlyView:
Kevin P. Gallagher, Contesting the Governance of Capital Flows at the IMF
Leonard Seabrooke and Emelie Rebecca Nilsson, Professional Skills in International Financial Surveillance: Assessing Change in IMF Policy Teams
Professors Ban and Gallagher will host a lunch discussion about the special issue on November 20, 2014, 12:30-2:00pm, at The Pardee School for Global Studies, Bay State Rd. 121, Boston. More details here. Boston University also profiles the special issue here.