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The development and implementation of IMF and World Bank conditionality

Dreher, Axel - 2002

The paper presents a detailed description of IMF and World Bank conditionality and tries to explain changes in this … conditions seem to be influenced by contemporaneous World Bank activity. Moreover, the paper tries to explain compliance with … World Bank conditionality as well as interruptions of IMF programs in the recipient countries. Compliance with World Bank …

Persistent link: https://www.econbiz.de/10010295488

Membership has its privileges: The effect of membership in international organizations on FDI

Dreher, Axel; Mikosch, Heiner; Voigt, Stefan - 2010

We argue that membership in International Organizations (IOs) is an important determinant of FDI inflows. To the extent that membership restricts a country from pursuing policies that are harmful to investors, it can signal low political risk. Using data over the 1971-2005 period, we find that...

Persistent link: https://www.econbiz.de/10010311690

Globalization, economic freedom and human rights

Dreher, Axel; Gassebner, Martin; Siemers, Lars-H. R. - 2010

Using the KOF Index of Globalization and two indices of economic freedom, we empirically analyze whether globalization and economic liberalization affect governments´ respect for human rights using a panel of 106 countries over the 1981-2004 period. According to our results, physical integrity...

Persistent link: https://www.econbiz.de/10010311692

Politics and IMF conditionality

Dreher, Axel; Sturm, Jan-Egbert; Vreeland, James Raymond - 2013

Bailouts sponsored by the International Monetary Fund (IMF) are famous for their conditionality: in return for continued installments of desperately needed loans, governments must comply with austere policy changes. Many have suggested, however, that politically important countries face rather...

Persistent link: https://www.econbiz.de/10010319706

Making judges independent : some proposals regarding the judiciary

Feld, Lars P.; Voigt, Stefan - 2004

It is argued that an independent judiciary is a necessary condition for both individual liberty and economic prosperity. After having surveyed the literature dealing with how to arrange for an independent judiciary, the authors derive some additional policy implications by drawing on two...

Persistent link: https://www.econbiz.de/10010261246

The Economic Effects of Human Rights

Blume, Lorenz; Voigt, Stefan - 2004

Economists are often skeptical concerning the economic effects of various forms of human rights: it has been argued that basic human rights can make the legal system less efficient but also that extensive social rights are incompatible with market economies. It is argued here that basic human...

Persistent link: https://www.econbiz.de/10010263275

The Economic Effects of Judicial Accountability: Some Preliminary Insights

Voigt, Stefan - 2005

Judicial independence is not only a necessary condition for the impartiality of judges, it can also endanger it: judges that are independent could have incentives to remain uninformed, become lazy or even corrupt. It is therefore often argued that judicial independence and judicial...

Persistent link: https://www.econbiz.de/10010263281

Membership has its Privileges: On the Effects of Delegating Powers Internationally

Voigt, Stefan - 2005

This paper analyzes whether nation-state governments can increase their credibility by becoming members of international organizations. Credibility is an important asset because it determines the real interest rate and is expected to have an important impact on investment and growth. It is...

Persistent link: https://www.econbiz.de/10010263282

Does membership on the UN security council influence IMF decisions?: evidence from panel data

Dreher, Axel; Sturm, Jan-Egbert; Vreeland, James Raymond - 2006

We investigate whether temporary members of the UN Security Council receive favorable treatment from the IMF, using panel data for 191 countries over the period 1951 to 2004. Our results indicate a robust positive relationship between temporary UN Security Council membership and participation in...

Persistent link: https://www.econbiz.de/10010263985

Does terror threaten human rights?: evidence from panel data

Dreher, Axel; Gassebner, Martin; Siemers, Lars-H. R. - 2007

The paper presents a political economy model linking terror and governments' respect for human rights. Using panel data for 111 countries over the period 1973-2002, we then empirically analyze whether and to what extent terror affects human rights - measured by three indices covering a wide...

Persistent link: https://www.econbiz.de/10010264082