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A Public Law Perspective on Labour Governance by International Financial Institutions: The Case of the IMF’s Article IV Consultations
International Organizations Law Review ( IF 0.6 ) Pub Date : 2020-04-18 , DOI: 10.1163/15723747-01701005
Franz Christian Ebert 1
Affiliation  

Over the last decades, international financial institutions (‘IFIs’) such as the International Monetary Fund (‘IMF’) or the World Bank have emerged as important actors in the area of labour governance. While the conditionality attached to IFI lending programmes is of particular importance in this regard, labour governance by IFIs transcends these well-known mechanisms. Through a variety of other governance instruments IFIs influence labour standards in their members’ territories far beyond the countries that are recipients of their financial support. This paper sheds light on the so far under-researched IMF Article IV Consultations by analysing how they impact labour standards at the domestic level. After providing an overview of the origins, scope, and the procedure of the Article IV Consultations, the paper shows that these have sometimes advocated far-reaching labour law reforms. The paper then employs the International Public Authority approach to better understand the legitimacy concerns created by these Consultations in terms of labour governance. With a view to addressing these concerns, the paper discusses avenues to strengthen the legal framework for the IMF’s Article IV Consultations in substantive and procedural terms.



中文翻译:

国际金融机构劳动治理的公法视角:以国际货币基金组织第四条磋商为例

在过去的几十年中,诸如国际货币基金组织(IMF)或世界银行之类的国际金融机构(IFI)已成为劳动管理领域的重要参与者。尽管在这方面,国际金融机构贷款计划附带的条件尤为重要,但国际金融机构的劳动治理超越了这些众所周知的机制。国际金融机构通过各种其他治理工具,影响其成员国领土内的劳工标准,远远超出了获得财政支持的国家。本文通过分析国际货币基金组织第四条磋商对国内劳工标准的影响,揭示了迄今为止尚未得到充分研究的问题。在概述了第四条磋商的起源,范围和程序之后,该文件表明,这些措施有时倡导了意义深远的劳动法改革。然后,本文采用国际公共权力机构的方法来更好地理解这些磋商会在劳动治理方面引起的合法性关注。为了解决这些问题,本文以实质性和程序性的方式讨论了加强国际货币基金组织第四条磋商法律框架的途径。

更新日期:2020-04-18
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