{"product_id":"9781501708299","title":"The Currency of Confidence: How Economic Beliefs Shape the IMF's Relationship with Its Borrowers","description":"\u003cp\u003eThe IMF is a purposive actor in world politics, primarily driven by a set of homogenous economic ideas, Stephen C. Nelson suggests, and its professional staff emerged from an insular set of American-trained economists. The IMF treats countries differently depending on whether that staff trusts the country's top officials; that trust in turn depends on the educational credentials of the policy team that Fund officials face across the negotiating table. Intellectual differences thus lead to lasting economic effects for the citizens of countries seeking IMF support.\u003c\/p\u003e \u003cp\u003eBased on deep archival research in IMF archives and personnel files, Nelson argues that the IMF has been the Johnny Appleseed of neoliberalism: neoliberal policymakers sprout and take root in countries that have spent recent decades living under the Fund’s conditional lending arrangements. Nelson supports his argument through quantitative measures and illustrates the dynamics of relations between the Fund and client countries in a detailed examination of newly available archives of four periods in Argentina’s long and often bitter relations with the IMF. \u003cem\u003eThe Currency of Confidence \u003c\/em\u003eends with Nelson’s examination of how the IMF emerged from the global financial crisis as an unexpected victor.\u003c\/p\u003e 02 The IMF is a purposive actor in world politics, primarily driven by a set of homogenous economic ideas, Stephen C. Nelson suggests in The Currency of Confidence, and its professional staff emerged from an insular set of American-trained economists","brand":"Cornell University Press","offers":[{"title":"Default Title","offer_id":47143150092528,"sku":"9781501708299","price":28.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/522414850.jpg?v=1754022492","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781501708299","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}