Practising what they Preach: Did the IMF and Iceland Exercise Good Governance in their Relations 2008-2011?

Between September 2008 and August 2011, the International Monetary Fund (IMF) and Iceland were engaged in cooperation under a stand-by agreement involving a loan from the IMF to Iceland of over 2bn USD. The IMF is one of a number of major international institutions that has been increasing its empha...

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Main Authors: Hjálti Ómar Ágústsson, Rachael Lorna Johnstone
Format: Article
Language:English
Published: The University of Akureyri 2013-03-01
Series:Nordicum-Mediterraneum
Subjects:
Online Access:http://nome.unak.is/nm-marzo-2012/vol-8-n-1-2013/48-article/354-practicing-what-they-preach-did-the-imf-and-iceland-exercise-good-governance-in-their-relations-2008-2011
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author Hjálti Ómar Ágústsson
Rachael Lorna Johnstone
author_facet Hjálti Ómar Ágústsson
Rachael Lorna Johnstone
author_sort Hjálti Ómar Ágústsson
collection DOAJ
description Between September 2008 and August 2011, the International Monetary Fund (IMF) and Iceland were engaged in cooperation under a stand-by agreement involving a loan from the IMF to Iceland of over 2bn USD. The IMF is one of a number of major international institutions that has been increasing its emphasis on good governance over the past two decades, in particular, emphasising the need for improved governance in debtor countries. In this paper, the authors review the extent to which principles of good governance were exercised in the interaction between the IMF and Iceland within the context of the stand-by programme.
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spelling doaj.art-abe917c1a7b84fb3ac4f7f56d0427edb2024-02-02T00:17:38ZengThe University of AkureyriNordicum-Mediterraneum1670-62422013-03-0181A1Practising what they Preach: Did the IMF and Iceland Exercise Good Governance in their Relations 2008-2011?Hjálti Ómar ÁgústssonRachael Lorna JohnstoneBetween September 2008 and August 2011, the International Monetary Fund (IMF) and Iceland were engaged in cooperation under a stand-by agreement involving a loan from the IMF to Iceland of over 2bn USD. The IMF is one of a number of major international institutions that has been increasing its emphasis on good governance over the past two decades, in particular, emphasising the need for improved governance in debtor countries. In this paper, the authors review the extent to which principles of good governance were exercised in the interaction between the IMF and Iceland within the context of the stand-by programme.http://nome.unak.is/nm-marzo-2012/vol-8-n-1-2013/48-article/354-practicing-what-they-preach-did-the-imf-and-iceland-exercise-good-governance-in-their-relations-2008-2011good governancehuman rightIcelandICESCRICCPRIMF
spellingShingle Hjálti Ómar Ágústsson
Rachael Lorna Johnstone
Practising what they Preach: Did the IMF and Iceland Exercise Good Governance in their Relations 2008-2011?
Nordicum-Mediterraneum
good governance
human right
Iceland
ICESCR
ICCPR
IMF
title Practising what they Preach: Did the IMF and Iceland Exercise Good Governance in their Relations 2008-2011?
title_full Practising what they Preach: Did the IMF and Iceland Exercise Good Governance in their Relations 2008-2011?
title_fullStr Practising what they Preach: Did the IMF and Iceland Exercise Good Governance in their Relations 2008-2011?
title_full_unstemmed Practising what they Preach: Did the IMF and Iceland Exercise Good Governance in their Relations 2008-2011?
title_short Practising what they Preach: Did the IMF and Iceland Exercise Good Governance in their Relations 2008-2011?
title_sort practising what they preach did the imf and iceland exercise good governance in their relations 2008 2011
topic good governance
human right
Iceland
ICESCR
ICCPR
IMF
url http://nome.unak.is/nm-marzo-2012/vol-8-n-1-2013/48-article/354-practicing-what-they-preach-did-the-imf-and-iceland-exercise-good-governance-in-their-relations-2008-2011
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AT rachaellornajohnstone practisingwhattheypreachdidtheimfandicelandexercisegoodgovernanceintheirrelations20082011