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Vested Interests in a Positive Theory of IFI Conditionality

Mourmouras, Alex; Mayer, Wolfgang - International Monetary Fund (IMF) - 2002

Understanding of the domestic political environment is key to building broad country ownership and the successful implementation of reform programs supported by international financial institutions (IFIs). But recipient countries are not unitary actors: policymakers are influenced by special...

Persistent link: https://www.econbiz.de/10005825788

Is Policy Ownership An Operational Concept?

Boughton, James M.; Mourmouras, Alex - International Monetary Fund (IMF) - 2002

IMF lending is generally conditional on specified policies and outcomes. These conditions usually are negotiated compromises between policies initially favored by the Fund and by the country's authorities. In some cases the authorities might be satisfied enough with the outcome to take...

Persistent link: https://www.econbiz.de/10005826172

Income and Democracy; Lipset's Law Revisited

Hoeffler, Anke; Bates, Robert H.; Fayad, Ghada - International Monetary Fund (IMF) - 2012

We revisit Lipsetâ€˜s law, which posits a positive and significant relationship between income and democracy. Using dynamic and heterogeneous panel data estimation techniques, we find a significant and negative relationship between income and democracy: higher/lower incomes per capita...

Persistent link: https://www.econbiz.de/10011242229

Papua New Guinea; Selected Issues Paper and Statistical Appendix

International Monetary Fund (IMF); International … - 2007

This paper examines and tests the existence of political budget cycles in Papua New Guinea during the period 1988â€“2004. Several factors point to the existence of political budget cycles in Papua New Guinea. The paper provides an overview of the political business cycle literature, and...

Persistent link: https://www.econbiz.de/10011245020

What Determines the Implementation of IMF-Supported Programs?

Mourmouras, Alex; Ivanova, Anna; Anayotos, George C.; … - International Monetary Fund (IMF) - 2003

This paper assesses the implementation of IMF-supported programs using measures of program interruptions, compliance with conditionality, and the share of committed funds disbursed. The econometric model allows an evaluation of the importance for program implementation of political conditions in...

Persistent link: https://www.econbiz.de/10005605139

Modeling Politics with Economics tools; A Critical Survey of the Literature

Olters, Jan-Peter - International Monetary Fund (IMF) - 2001

Whereas the economics discipline possesses a highly refined theoretical apparatus to analyze the effects of government behaviour on the economy, it has not (yet) managed to fully develop a positively formulated "economic theory of politics" that would permit the integration of the...

Persistent link: https://www.econbiz.de/10005605269

Votingon the "Optimal" Size of Government

Olters, Jan-Peter - International Monetary Fund (IMF) - 2000

Viewing fiscal policies as the outcome of democratically resolved conflicts of households over public goods and taxes, the “economic model of politics” proposes a public choice approach, which does not rely on social welfare functions. With it, a country’s overall budget can be derived...

Persistent link: https://www.econbiz.de/10005264039

Electoral System and Public Spending

Perotti, Roberto; Rostagno, Massimo V.; … - International Monetary Fund (IMF) - 2001

We study the effects of electoral institutions on the size and composition of public expenditure in OECD and Latin American countries. We present a model emphasizing the distinction between purchases of goods and services, which are easier to target geographically, and transfers, which are...

Persistent link: https://www.econbiz.de/10005264182

Trade Patterns Among Industrial Countries; Their Relationship to Technology Differences and Capital Mobility

Saito, Mika - International Monetary Fund (IMF) - 2004

measures differences in labor productivity (the Ricardian measure), and the other differences in total factor productivity (the …

Persistent link: https://www.econbiz.de/10005825862

Regional Labor Market Disparities in Belgium

Estevão, Marcello M. - International Monetary Fund (IMF) - 2002

Regional labor market discrepancies have been widening in Belgium in the last two decades and are more evident within …-unemployment provinces. Using a structural VAR, it is also shown that labor market dynamics in Belgium produce a strong attenuating effect on … employment growth, in contrast to the United States where initial labor demand shocks are expanded in the long run. After the …

Persistent link: https://www.econbiz.de/10005826565