This report investigates the endogenous effects of the implementation of stabilization programmes (credits and different variants of conditionalities) in developing countries. A model is outlined, which at the same time builds on Modern Political Economy and New Institutional Economy and...

IEG's Country Program Evaluation (CPE) covers the period FY05-13. The period spans three World Bank Group country strategies and one progress report. It also covers the last years of the Ben Ali regime and the transition to a new political dispensation following the revolution of January 2011....

This paper poses the question whether and to what extent developing countries' macroeconomic policies affect their participation in IMF programs. The data contain 91 developing countries that received four types of IMF programs during the period 1967-1996. Using survival analysis and generalized...