The crisis of neoliberalism and the future of international institutions: A comparison of the IMF and the WTO

  title={The crisis of neoliberalism and the future of international institutions: A comparison of the IMF and the WTO},
  author={Nitsan Chorev and Sarah Babb},
  journal={Theory and Society},
  • Nitsan Chorev, Sarah Babb
  • Published 2009
  • Economics
  • Theory and Society
  • The current crisis of neoliberalism is calling into question the relevance of key international institutions. We analyze the origins, nature, and possible impacts of the crisis through comparing two such institutions: the International Monetary Fund (IMF) and the World Trade Organization (WTO). Both originated in the post-World War II U.S.-led hegemonic order and were transformed as part of the transition to global neoliberalism. We show that while the IMF and the WTO have been part of the same… CONTINUE READING

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