The IMF and Protection of Vulnerable Groups

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    The concept of vulnerability serves to focus protection on those most in need. While

    prominent in human rights law, protection of vulnerable groups is also increasingly

    invoked by international economic/financial actors such as the International Monetary

    Fund (IMF). The present article explores how vulnerability enters IMF policymaking.

    The article looks for points of contact of IMF practice, with a human rights-based

    conception of vulnerability. The aim of the article is not to revisit the discussion on

    human rights accountability of the IMF. Instead, the article seeks to identify and analyse

    the function of vulnerability in the policy-making of the Fund. The protection of

    vulnerable groups, the article claims, is gradually constituted as part of the law of the

    IMF. For this reason alone, it is of importance to know how vulnerability enters IMF

    policy-making and whom the IMF considers vulnerable. Moreover, the IMF also becomes

    a source for the identification of vulnerable groups.

    Original languageEnglish
    Pages (from-to)209–243
    JournalNordic Journal of International Law
    Issue number2
    Publication statusPublished - 2020
    MoE publication typeA1 Journal article-refereed


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