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Capital and Revenge: The IMF and Ethiopia

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  • Robert Hunter Wade

Abstract

Ever since the financial crisis of 1997, the International Monetary Fund and the U.S. Treasury have been less insistent on opening capital markets around the world. But the author has little doubt that when the dust settles, the push for unrestricted capital flows will strengthen again. Ethiopia provides a case study of the interest involved.

Suggested Citation

  • Robert Hunter Wade, 2001. "Capital and Revenge: The IMF and Ethiopia," Challenge, Taylor & Francis Journals, vol. 44(5), pages 67-75.
  • Handle: RePEc:mes:challe:v:44:y:2001:i:5:p:67-75
    DOI: 10.1080/05775132.2001.11034119
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    Cited by:

    1. Bernhard Reinsberg & Alexander Kentikelenis & Thomas Stubbs & Lawrence King & Centre for Business Research, 2018. "The World System & the Hollowing-out of State Capacity: How Structural Adjustment Programs Impact Bureaucratic Quality in Developing Countries," Working Papers wp503, Centre for Business Research, University of Cambridge.
    2. Gruber, Aaron, 2023. "Navigating a world of constraints: Developmentalism, industrial policy, and the limits to structural transformation in Ethiopia," ÖFSE-Forum, Austrian Foundation for Development Research (ÖFSE), volume 87, number 287748.
    3. Robert Wade, 2012. "Susan Park and Antje Vetterlein (eds.). 2010. Owning development: Creating policy norms in the IMF and the World Bank (New York: Cambridge University Press)," The Review of International Organizations, Springer, vol. 7(2), pages 231-238, June.

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