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Do IMF Programs Improve Economic Governance? /

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 pro...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Honda, Jiro (Autor)
Autor Corporativo: International Monetary Fund
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, 2008.
Ã2008
Colección:IMF working paper ; WP/08/114.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 0 |a Do IMF Programs Improve Economic Governance? /  |c prepared by Jiro Honda. 
260 |a Washington, D.C. :  |b International Monetary Fund,  |c 2008. 
264 4 |c Ã2008 
300 |a 1 online resource (32 pages) 
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490 1 |a IMF working paper ;  |v WP/08/114 
500 |a Available in PDF, ePUB, and Mobi formats on the Internet. 
520 |a 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 programs is associated with improvements in the quality of economic governance. Specifically, the paper finds statistically robust results that IMF concessional programs through the Poverty Reduction and Growth Facility tend to enhance the rule of law and strengthen control of corruption. Through this exercise, however, no statistically significant effect is observed for assistances under the General Resource Account. 
505 0 |a I. BACKGROUND; II. THE IMF'S APPROACH TO ECONOMIC GOVERNANCE; III. STYLIZED FACTS ABOUT ECONOMIC GOVERNANCE IN DEVELOPING COUNTRIES; IV. EMPIRICAL FRAMEWORK ; V. CONCLUDING REMARKS; References. 
504 |a Includes bibliographical references. 
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610 2 0 |a International Monetary Fund  |z Developing countries  |x Econometric models. 
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650 0 |a Economic assistance  |z Developing countries  |x Econometric models. 
650 0 |a Economic development  |z Developing countries  |x Econometric models. 
650 7 |a Econometric models  |2 fast 
650 7 |a Economic assistance  |x Econometric models  |2 fast 
650 7 |a Economic development  |x Econometric models  |2 fast 
651 7 |a Developing countries  |2 fast 
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830 0 |a IMF working paper ;  |v WP/08/114. 
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