Institutional Justice and the Ethical Dimension of the Norm of Modern Development at the Bretton Woods Institutions

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Copyright: 2024
Pages: 20
Source title: Cognitive Governance and the Historical Distortion of the Norm of Modern Development: A Theory of Political Asymmetry
Source Author(s)/Editor(s): Renny Rueda (American University in the Emirates, UAE)
DOI: 10.4018/978-1-6684-9794-4.ch008

Keywords: Business Science Reference / Government and Law / Political Science / Social Sciences & Humanities

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Abstract

The present chapter reconstructs historically how the notion of institutional justice was embedded within the normative construction of modern development. The chapter draws on contributions on critical constructivism, to tease out how in the evolution of late modern social system, the idea of justice was gradually legitimated within contractual governance architectures, that further normalized relations aroused on highly asymmetric agent environments, such as the World Bank or the International Monetary Fund. By depicting the concept of institutional justice, the goal of the chapter is to shed lights on the ideological dimension of the norm of modern development at the Bretton Woods Institutions, and the transposition of rather conflicting arrangements in the normative landscape of the conventional ethical dimension of the international system.

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Institutional Justice and the Ethical Dimension of the Norm of Modern Development at the Bretton Woods Institutions

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