Democratic deficit in IMF essay
The democratic deficit in the European Union is a hotly contested topic and the essay examined whether the EU actually suffers from it or not. The essay argued that as a result of the democratic deficit, a democratic deficit occurs when supposedly democratic organizations or institutions, such as governments, do not adhere to the principles of democracy in the way they operate. It is mainly used in discussions about the government of Great Britain when it comes to the governance of the European Union, as Britain is subject to Legitimacy Drift guidelines. The concept of legitimacy drift arises from the observation that international institutions often face challenges to their legitimacy as a result of the aging process. Franck, Heiskanen -2 Zaum a, 7. After their establishment, international organizations become embedded in changing environments in which they, “ The authorities of the Democratic Republic of Congo and the IMF team have reached an agreement at staff level on the completion of the Sixth Review under the ECF arrangement, subject to approval by IMF management. Consideration by the IMF Executive Board on this review and Article IV consultation is expected shortly -