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Can Public Discussion Enhance Program Ownership?

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  • Allan Drazen
  • Peter Isard

Abstract

We use the concepts of deliberative democracy from political science and cheap talk from economics to develop a better understanding of how public discussion can contribute to building and demonstrating ownership of IMF programs and hence to program success. We argue that ownership is more complex than many discussions of it would suggest, since it must include not only the willingness to carry out a program, but also the technical capacity and especially the political ability to do so. Public discussion can serve a number of purposes, each of which can be better understood by moving to a more formal treatment. We illustrate our points by means of simple examples. We also consider some of the drawbacks of public discussion, especially as applied to IMF programs.

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Bibliographic Info

Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 10927.

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Date of creation: Nov 2004
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Handle: RePEc:nbr:nberwo:10927

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  1. Brender, Adi & Drazen, Allan, 2005. "Political budget cycles in new versus established democracies," Journal of Monetary Economics, Elsevier, vol. 52(7), pages 1271-1295, October.
  2. Caroline M. Robb, 2003. "Poverty and Social Impact Analysis," IMF Working Papers 03/43, International Monetary Fund.
  3. Joseph Farrell & Matthew Rabin, 1996. "Cheap Talk," Journal of Economic Perspectives, American Economic Association, vol. 10(3), pages 103-118, Summer.
  4. repec:rus:hseeco:128970 is not listed on IDEAS
  5. Akhmed Akhmedov & Ekaterina Zhuravskaya, 2004. "Opportunistic Political Cycles: Test in a Young Democracy Setting," Economics Working Papers 0047, Institute for Advanced Study, School of Social Science.
  6. James M. Boughton & Alex Mourmouras, 2002. "Is Policy Ownership An Operational Concept?," IMF Working Papers 02/72, International Monetary Fund.
  7. Crawford, Vincent P & Sobel, Joel, 1982. "Strategic Information Transmission," Econometrica, Econometric Society, vol. 50(6), pages 1431-51, November.
  8. Akhmedov, Akhmed & Ravitchev, Alexei & Zhuravskaya, Ekaterina, 2003. "Opportunistic Political Cycles: Test in a Young Democracy Setting," CEPR Discussion Papers 3855, C.E.P.R. Discussion Papers.
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Cited by:
  1. Oscar Calvo-Gonzalez, 2007. "Ownership and conditionality in IMF-supported programs: Back to Per Jacobsson’s time," The Review of International Organizations, Springer, vol. 2(4), pages 329-343, December.
  2. Dabrowski, Marek & Radziwill, Artur, 2007. "Regional vs. Global Public Goods: The Case of Post-Communist Transition," MPRA Paper 11967, University Library of Munich, Germany.
  3. Martin Edwards, 2009. "Public support for the international economic organizations: Evidence from developing countries," The Review of International Organizations, Springer, vol. 4(2), pages 185-209, June.
  4. Antonio Accetturo & Guido de Blasio, 2011. "Policies for local development: an evaluation of Italy's "Patti Territoriali"," Temi di discussione (Economic working papers) 789, Bank of Italy, Economic Research and International Relations Area.
  5. Marchesi, Silvia & Sabani, Laura & Dreher, Axel, 2009. "Read my lips: The role of information transmission in multilateral reform design," Center for European, Governance and Economic Development Research Discussion Papers 86, University of Goettingen, Department of Economics.
  6. repec:got:cegedp:86 is not listed on IDEAS
  7. Shinji Takagi, 2010. "Applying the Lessons of Asia: The IMF’s Crisis Management Strategy in 2008," Working Papers id:3006, eSocialSciences.

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