This study gives guidance on the transaction cost factors triggering the organizational choice among alternative governance forms and aims to identify areas for future research. Providing an introductory discussion on the role of transaction cost theory in the tradition of new institutional...

This paper examines the effects of IMF financial assistance on economic governance in developing countries, based on panel data analyses of perceived governance indicators. It uses a two-stage approach to address possible endogeneity issues. The results show that successful implementation of IMF...