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 …

The International Monetary Fund (IMF) is in the process of re-inventing itself with bilateral and multilateral … surveillance emerging as a key function. The paper analyses how IMF surveillance announcements may be influenced by political power … that member countries exert at the IMF. First, we analyze the content of Article IV Public Information Notices (PIN), and …

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 …

Bailouts sponsored by the International Monetary Fund (IMF) are famous for their conditionality: in return for … finding a measure of political importance that is not plagued by endogeneity and obtaining data on IMF conditionality. We … available dataset on the level of conditionality attached to (a maximum of) 314 IMF arrangements with 101 countries over the …

extent the presence of IMF, World Bank, regional Multilateral Development Banks, WTO and Global Environmental Facilities has …