Unelected Government: Making the IMF and the World Bank More Accountable
By Ngaire Woods | April 1, 2003
The Brookings Review, Vol. 21, No. 2, pp. 9-12, Spring 2003.
Accused of being secretive, unaccountable, and ineffective, both the International Monetary Fund and the World Bank are seeking to become more transparent, more participatory, and more accountable. Yet few attempts have been made to dissect the existing structure of accountability within the organizations. Applying the concept of accountability as understood and refined in political science can illuminate both the existing accountability of the institutions and some of the ways in which they could better be held to account.
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