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The Influence of Elections on Compliance with World Bank Conditionality and IMF Program Interruptions

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  • Dreher, Axel

Abstract

Using panel data, this paper tries to explain compliance with World Bank conditionality as well as interruptions of IMF programs around election dates in the recipient countries. Compliance with World Bank conditionality is lower in election years and pre-election years. Using a proxy for IMF program interruptions it is shown that breakdowns are less likely in election years. However, no other political factors seem to influence interruptions and compliance systematically. The paper concludes with implications for reform.

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File URL: https://ub-madoc.bib.uni-mannheim.de/1007/1/604.pdf
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Bibliographic Info

Paper provided by Institut fuer Volkswirtschaftslehre und Statistik, Abteilung fuer Volkswirtschaftslehre in its series Discussion Papers with number 604.

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Date of creation: 2001
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Handle: RePEc:mnh:vpaper:1007

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Cited by:
  1. Bernhard Boockmann & Axel Dreher, 2002. "The Contribution of the IMF and the World Bank to Economic Freedom," International Finance 0207001, EconWPA.

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