Regional Intergovernmental Organization Response to COVID-19: The Impact of Neoliberalism on Bureaucratic Autonomy
Avraham Izhar Baranes and
Timothy Hazen
Review of Radical Political Economics, 2022, vol. 54, issue 4, 420-428
Abstract:
COVID-19 is a transboundary crisis that crosses political boundaries and affects critical infrastructure. Given the ongoing nature of COVID-19, it is vital to recognize the factors that impact an organization’s ability to respond to crises. In this article, we use the concept of bureaucratic autonomy discussed by Bauer and Ege (2016) to examine the response of four regional intergovernmental organizations. We find here that neoliberalism as a dominating global ideology has transformed the autonomy of action dimension into autonomy of finance, with the focus on enabling private firms through adjusting incentive structures, rather than taking direct action. Organizations that lack this autonomy become the benefactors of other dominant neoliberal financing institutions, thus furthering the entrenchment of neoliberalism and neoliberal finance. JEL Classification : F53, F55, P16
Keywords: COVID-19; institutions; international political economy; crisis management; policy and governance (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:54:y:2022:i:4:p:420-428
DOI: 10.1177/04866134221114692
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