This article investigates the institutional makeup of the Institute of International Finance (IIF), a worldwide advocacy group representing the private financial sector. The goal is to find out...Show moreThis article investigates the institutional makeup of the Institute of International Finance (IIF), a worldwide advocacy group representing the private financial sector. The goal is to find out whether or not the IIF is subject to first-order capture: a process in which a small group of members within the organization have become the dominant powers within the larger organization. First-Order capture is closely related to regulatory capture, which has long been a subject of interest amongst scholars in the field of international political economy. Through a study of the bylaws of the IIF, the article finds that there is indeed a group within the IIF’s membership ranks, which holds an institutional advantage, which allows them to take over the direction of the IIF.This article uses but does not include the bylaws of the Institute of International Finance.Show less
