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December 14, 2007

Comments

Joe

I liked your presentation. I also think that Arvind Subramanian had a valid point: that you downplayed the role of ideology and politics in guiding the WC's policy recommendations? Emphasizing these points would, in my mind, only strengthen your argument that institutions do matter-not just the ones at the national level, but those also at the international level. An interesting question then would be: even if people at IMF and other WC-institutions had always recognized the importance of context-specificity, among others, (assuming these were "competent" people) that you advocate in the book, could they have done anything about it in practice (given the politics and ideology that govern these institutions)?

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