Marchesi, Silvia; Sabani, Laura; Dreher, Axel - 2009
We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the … agency bias we expect delegation to dominate. Controlling for economic and political factors, our empirical tests show that … the countries’ authorities, openness, and transparency, consistently with the theory. -- IMF conditionality ; delegation …