Listening to Advice: Assessing the External Impact of IMF Article IV Consultations of the United States, 2010–2011
Listening to Advice: Assessing the External Impact of IMF Article IV Consultations of the United States, 2010–2011
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听取建议：评估 2010-2011 年美国国际货币基金组织第四条磋商的外部影响
DOI：
10.1111/insp.12059
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发表时间：
2013
期刊：
影响因子：
--
通讯作者：
Stephanie Senger
中科院分区：
文献类型：
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作者：
M. Edwards;Stephanie Senger
自1997年以来，国际货币基金组织（IMF）对成员国的监督作用发生了巨大变化。根据协议条款第四条的规定，监督已从私人程序转为公开程序，磋商文件可在基金网站上免费获取。但这种公共监视过程对引发政策辩论有影响吗？为了回答这个问题，我们评估了国会山和白宫在 2010 年和 2011 年夏季的连续两次审查中是否引用了基金组织的第四条审查。鉴于有关债务上限的争论，2011 年夏季是基金组织建议进入政策进程的最有可能的情况。几乎没有证据表明这些报告的调查结果渗透到了公共领域，这使人对国际货币基金组织在发达国家的监督有效性产生了怀疑。
Since 1997, the International Monetary Fund's (IMF) role in surveillance of member countries has changed dramatically. Surveillance, as mandated in Article IV of the Articles of Agreement, has moved from a private process to a public one, with documentation from the consultation freely available at the Fund's Website. But does this public process of surveillance make a difference in generating policy debates? To answer this question, we evaluate whether the Fund's Article IV review was referenced on Capitol Hill and by the White House during two consecutive reviews in the summers of 2010 and 2011. Given the debate about the debt ceiling, the summer of 2011 is a most likely case for the Fund's advice to enter into the policy process. There is little evidence that findings from these reports percolated into the public sphere, casting doubt on the effectiveness of IMF surveillance in developed countries.