In the face of intensifying environmental, socio-economic, and political crises, the global financial architecture is at a critical juncture. International financial institutions (IFIs) such as the IMF and World Bank have long played central roles in shaping the political and economic trajectories of states. Yet, their traditional models—often predicated on fiscal austerity and market liberalization—are increasingly challenged by the complex demands of a world coping with inequality, environmental degradation, and democratic backsliding. This panel seeks to foster a critical dialogue on the reform of IFIs and explore alternative economic models that prioritize both human and environmental well-being. We invite contributions that examine the historical evolution of IMF and World Bank lending strategies, the determinants and political economy of conditionality, and the broader impact of these institutions on domestic political and economic outcomes. Papers that examine the intersections of fiscal discipline, trade policy transformations, and the integration of technological advancements within the IPE framework are particularly welcome.
We welcome papers that address:
• The historical evolution of IMF and World Bank conditionality and its impact on domestic governance.
• The political economy of fiscal discipline and its role in exacerbating or mitigating inequality.
• Alternative economic models that challenge traditional IFI frameworks, with a focus on human and environmental health.
• Changing attitudes toward trade policies in the era of globalization and autocratization.