From the angle of democratic accountability things look even more problematic in different global economic establishments. Most notably, the International Monetary Fund (IMF), which is charged with the duty of guaranteeing economic stability all over the world. The International Monetary Fund allocates voting rights proportional to the dimensions of monetary contributions made by its 189 member states.
This extension of the basic model affords a nice illustration of how political economy typically grows. Instead of two competing fashions, the fundamental mannequin is expanded in order that we have a more basic theory. The program was designed to provide its students an understanding of the many ways that politics and economics interact within the formation of public coverage. Majors purchase a considerable mastery of economics, broad information of the American and worldwide political context, an understanding of the economic and ethical stakes in key present public coverage points, and the opportunity … Read More