This paper empirically investigates the economic and political factors that affect a country’s likelihood to sign an arrangement with the IMF and the determinants of the financial size of such a program. Arguably the world and the global financial architecture underwent structural changes after the ending of Cold War and so did the role of the IMF. Hence, we update and extend the work of Sturm et al. (2005) by employing a panel model for 165 countries that focuses on the post-Cold War era, i.e., 1990–2009. Our results, based on extreme bounds analysis, suggest that some economic and political variables are robustly related to these two dimensions of IMF program decisions. Furthermore, we show that it is important to distinguish between conc...
From the beginning of IMF lending in 1947, the staff understood that countries could have difficulty...
In the wake of the global crisis the International Monetary Fund (IMF) has increased its exposure to...
Existing studies provide little evidence supporting the claim that an IMF program increases the prop...
This paper empirically investigates the economic and political factors that affect a country's likel...
and CESifo This paper analyses which economic and political factors affect the chance that a country...
Increasing attention is being paid to IMF governance and operations, but not to how IMF programs are...
There is growing awareness that the distribution of IMF facilities may not be influenced only by the...
International audienceThere is growing awareness that the distribution of IMF facilities may not be ...
MF loans react to economic conditions but are also sensitive to political-economy variables. Loans t...
The political factors, which shape IMF lending to LDCs, have attracted much at-tention. The same goe...
What factors determine whether or not countries have programs with the International Monetary Fund (...
Recent papers have tried to discern the role and objectives of the IMF by econometric analyses that ...
This paper focuses on the bargaining process underlying fi-nancial arrangements between the IMF and ...
The International Monetary Fund (IMF) treats its members very differently; some of the countries tha...
What effect do economic sanctions have on the IMF lending decisions? Though countries under economic...
From the beginning of IMF lending in 1947, the staff understood that countries could have difficulty...
In the wake of the global crisis the International Monetary Fund (IMF) has increased its exposure to...
Existing studies provide little evidence supporting the claim that an IMF program increases the prop...
This paper empirically investigates the economic and political factors that affect a country's likel...
and CESifo This paper analyses which economic and political factors affect the chance that a country...
Increasing attention is being paid to IMF governance and operations, but not to how IMF programs are...
There is growing awareness that the distribution of IMF facilities may not be influenced only by the...
International audienceThere is growing awareness that the distribution of IMF facilities may not be ...
MF loans react to economic conditions but are also sensitive to political-economy variables. Loans t...
The political factors, which shape IMF lending to LDCs, have attracted much at-tention. The same goe...
What factors determine whether or not countries have programs with the International Monetary Fund (...
Recent papers have tried to discern the role and objectives of the IMF by econometric analyses that ...
This paper focuses on the bargaining process underlying fi-nancial arrangements between the IMF and ...
The International Monetary Fund (IMF) treats its members very differently; some of the countries tha...
What effect do economic sanctions have on the IMF lending decisions? Though countries under economic...
From the beginning of IMF lending in 1947, the staff understood that countries could have difficulty...
In the wake of the global crisis the International Monetary Fund (IMF) has increased its exposure to...
Existing studies provide little evidence supporting the claim that an IMF program increases the prop...
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