The International Monetary Fund Politics of Conditional Lending 1st Edition by James Raymond Vreeland – Ebook PDF Instant Download/Delivery: 9781134189526 ,1134189524
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Product details:
ISBN 10: 1134189524
ISBN 13: 9781134189526
Author: James Raymond Vreeland
The International Monetary Fund Politics of Conditional Lending 1st Edition Table of contents:
1 What is the IMF?
The origin of the IMF
Early involvement in the developing world
The membership and organization of the IMF
Conditionality background
Conditionality: from “macro” to “micro” to “ownership”
Lending facilities
The actual arrangement
2 Who controls the IMF?
A power unto itself?
The influence of the United States
Voter influence over the IMF
The independent effect of international financiers
Summary
3 Why do governments participate in IMF programs?
The need for a loan story
Recidivism and sovereignty
The domestic desire for conditions
Estimating the probability of entering IMF programs statistically
Conclusion
4 What are the effects of IMF programs?
A wealth of data
The before-after approach
The with-without approach
Controlling for selection on observed variables
Controlling for selection on unobserved variables
Instrumental variables
True experimentation?
The effects of IMF programs on the balance of payments
Inflation and budget deficits
Economic growth
Income distribution and social spending
Conclusion
5 Do governments comply with IMF programs?
Measuring compliance
Aggregate approaches to measuring compliance
Disaggregate approaches to measuring compliance
The determinants of compliance
The effects of compliance
Conclusion
6 Reform the IMF?
Critique from the left
Critique from the right
The IMF response: transparency and ownership
Conclusion
Conclusion
Notes
Introduction
1 What is the IMF?
2 Who controls the IMF?
3 Why do governments participate in IMF programs?
4 What are the effects of IMF programs?
5 Do governments comply with IMF programs?
6 Reform the IMF?
Conclusion
Select bibliography
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