Ambiguity and Uncertainty in International Organizations: A History of Debating IMF Conditionality¹

How do international organizations deal with the persistent challenge of uncertainty? The most intuitive answer is through regulation. Yet, rules are not always the best solution in times of uncertainty or in dealing with complex and diverse problems. More ambiguous policies that leave room for interpretation, can often be more functional for an international organization (IO); moreover, ambiguities can also be a source of power—and are...