An economic paradox: debts, dependency and hegemony: A case study of the International Monetary Fund and the World Bank in Tunisia

The overall aim of this thesis is to better understand the role of International Financial Institutions in achieving economic development. The problem statement therefore focuses on the appropriate governance approach for international financial support to ultimately achieve sustainable economic development. To assess the problem statement the case of the International Monetary Fund and the World Bank in the Tunisian context will be analysed. The lens that will be used to perform the analysis will mainly compose of literature on Global Public Goods and Commons. The case study will be established through policy papers, academic literature, opinion papers and primary data retrieved from a questionnaire on the Tunisian public opinion concerning the International Monetary Fund and the World Bank. On this basis, the hypothesis stating that a bottom-up approach leads to more sustainable economic development will be tested. The analysis shows that the current Global Public Goods approach...Show moreThe overall aim of this thesis is to better understand the role of International Financial Institutions in achieving economic development. The problem statement therefore focuses on the appropriate governance approach for international financial support to ultimately achieve sustainable economic development. To assess the problem statement the case of the International Monetary Fund and the World Bank in the Tunisian context will be analysed. The lens that will be used to perform the analysis will mainly compose of literature on Global Public Goods and Commons. The case study will be established through policy papers, academic literature, opinion papers and primary data retrieved from a questionnaire on the Tunisian public opinion concerning the International Monetary Fund and the World Bank. On this basis, the hypothesis stating that a bottom-up approach leads to more sustainable economic development will be tested. The analysis shows that the current Global Public Goods approach to International Financial Institutions does not result in sustainable economic development. A Commons approach would probably have better results, but it is difficult to establish such a bottom-up approach in practice. However, theoretically it can be concluded that a bottom-up approach will lead to more sustainable economic development.Show less

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An economic paradox: debts, dependency and hegemony: A case study of the International Monetary Fund and the World Bank in Tunisia