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Intricate interactions: the World Bank and the International Monetary Fund

In: The Elgar Companion to the World Bank

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  • Matthias Kranke

Abstract

The World Bank and the International Monetary Fund feature among the most powerful contemporary international organizations. In light of their status, they have been extensively studied. Yet I claim in this chapter that while scholarly insights into the two organizations as separate entities are of impressive detail, we barely know how they interact. I identify this significant omission in the literature on the Bank and the Fund as a manifestation of a more general blind spot in global governance research, or what I refer to as the missing inter-organizational middle. This chapter therefore provides an overview of the largely unknown inter-organizational dynamics unfolding between these two well-known international organizations by focusing on the institutions for and key features of Bank-Fund collaboration. In doing so, I show that the institutional foundations of these interactions are socially constructed and thus highly contingent.

Suggested Citation

  • Matthias Kranke, 2024. "Intricate interactions: the World Bank and the International Monetary Fund," Chapters, in: Antje Vetterlein & Tobias Schmidtke (ed.), The Elgar Companion to the World Bank, chapter 15, pages 178-189, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:21163_15
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    File URL: https://www.elgaronline.com/doi/10.4337/9781802204780.00027
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