Showing 1 - 10 of 158
The bulk of International Finance Corporation (IFC) lending benefits companies from rich countries, and projects in countries with middle income. Large conglomerates such as Lidl or Mövenpick have been among its direct beneficiaries. This contrasts to some extent with the IFC's official...
Persistent link: https://www.econbiz.de/10011721768
The paper presents a detailed description of IMF and World Bank conditionality and tries to explain changes in this … World Bank conditionality as well as interruptions of IMF programs in the recipient countries. Compliance with World Bank … conditionality is lower in election years and pre-election years. Breakdowns of IMF programs are less likely in election years …
Persistent link: https://www.econbiz.de/10010984984
Using panel data for 157 countries over the period 1999-2005 we empirically investigate the politics involved in IMF … find inflation forecasts are systematically biased downwards for countries with greater IMF loans outstanding relative to … GDP, indicating that the IMF engages in defensive forecasting. Countries with a fixed exchange rate regime also receive …
Persistent link: https://www.econbiz.de/10010264236
The paper presents a detailed description of IMF and World Bank conditionality and tries to explain changes in this … World Bank conditionality as well as interruptions of IMF programs in the recipient countries. Compliance with World Bank … conditionality is lower in election years and pre-election years. Breakdowns of IMF programs are less likely in election years …
Persistent link: https://www.econbiz.de/10010295488
We investigate whether temporary members of the UN Security Council receive favorable treatment from the IMF, using … temporary UN Security Council membership and participation in IMF programs, even after accounting for economic and political … the number of conditions included in IMF programs. The size of the loan, however, is not affected by UNSC membership. …
Persistent link: https://www.econbiz.de/10010296018
We analyse the effect of IMF and World Bank policies on the composite index of economic freedom by Gwartney et al … relationship between credits and programs of the IMF and economic freedom. …
Persistent link: https://www.econbiz.de/10010298103
Using panel data for 157 countries over the period 1999-2005 we empirically investigate the politics involved in IMF … find inflation forecasts are systematically biased downwards for countries with greater IMF loans outstanding relative to … GDP, indicating that the IMF engages in defensive forecasting. Countries with a fixed exchange rate regime also receive …
Persistent link: https://www.econbiz.de/10010277755
Using panel data for 188 countries over the period 1970-2002 this paper empirically analyzes the influence of the IMF … non-concessional IMF programs. Regarding voting coincidence with the US, World Bank (concessional and non …-concessional) loans have a significant impact, while the IMF has not. These results are robust to the inclusion of control variables and …
Persistent link: https://www.econbiz.de/10010285877
We investigate whether temporary members of the UN Security Council receive favorable treatment from the IMF, using … temporary UN Security Council membership and participation in IMF programs, even after accounting for economic and political … the number of conditions included in IMF programs. The size of the loan, however, is not affected by UNSC membership. …
Persistent link: https://www.econbiz.de/10010285881
In this paper we analyze whether IMF conditionality is exclusively designed in line with observable economic indicators … intent from 38 countries over the period 4/1997-2/2003 reveals that the number of conditions on an IMF loan depends on a …) receive IMF loans with fewer conditions especially prior to elections. These results contribute to the current public policy …
Persistent link: https://www.econbiz.de/10010285909