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An analysis of drawings on the international monetary fund by developing countries

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  • Bird, Graham
  • Orme, Timothy

Abstract

The nature of relations between the IMF and developing countries has come under close scrutiny in recent years. This has partly been the result of the deteriorating economic situation in which a large number of non-oil developing countries have found themselves, a situation characterised by falling rates of economic growth, increasing balance-of-payments deficits, and rising debt service ratios; and partly it has resulted from the particular, but public experiences of a number of developing countries such as Jamaica, Peru and Tanzania in their dealings with the Fund.
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Suggested Citation

  • Bird, Graham & Orme, Timothy, 1981. "An analysis of drawings on the international monetary fund by developing countries," World Development, Elsevier, vol. 9(6), pages 563-568, June.
  • Handle: RePEc:eee:wdevel:v:9:y:1981:i:6:p:563-568
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    Cited by:

    1. Dreher, Axel & Vaubel, Roland, 2000. "Does the IMF cause moral hazard and political business cycles? : Evidence from panel data," Discussion Papers 598, Institut fuer Volkswirtschaftslehre und Statistik, Abteilung fuer Volkswirtschaftslehre.
    2. Christoph Moser & Jan-Egbert Sturm, 2011. "Explaining IMF lending decisions after the Cold War," The Review of International Organizations, Springer, vol. 6(3), pages 307-340, September.
    3. Marchesi, Silvia, 2003. "Adoption of an IMF programme and debt rescheduling. An empirical analysis," Journal of Development Economics, Elsevier, vol. 70(2), pages 403-423, April.
    4. Dennis Essers & Stefaan Ide, 2017. "The IMF and precautionary lending : An empirical evaluation of the selectivity and effectiveness of the flexible credit line," Working Paper Research 323, National Bank of Belgium.
    5. Sanawi M. Sharahiley, 2020. "Examining Entrepreneurial Intention of the Saudi Arabia’s University Students: Analyzing Alternative Integrated Research Model of TPB and EEM," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 21(1), pages 67-84, March.
    6. Graham Bird & Dane Rowlands, 2000. "The catalyzing role of policy-based lending by the IMF and the World Bank: fact or fiction?," Journal of International Development, John Wiley & Sons, Ltd., vol. 12(7), pages 951-973.
    7. Graham Bird & Dane Rowlands, 2002. "The Pattern of IMF Lending: An Analysis of Prediction Failures," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 5(3), pages 173-186.
    8. Graham Bird & Dane Rowlands, 2003. "Political Economy Influences Within the Life‐Cycle of IMF Programmes," The World Economy, Wiley Blackwell, vol. 26(9), pages 1255-1278, September.
    9. Marchesi, Silvia, 1999. "Adoption of an IMF Programme and Debt Rescheduling. An empirical test of their relationship," Economic Research Papers 269262, University of Warwick - Department of Economics.
    10. Jacky AMPROU, 2003. "Interest Groups and Demand for IMF Arrangements: Empirical Analysis of the Duration of Periods without Agreement between the IMF and Sub-Saharan African Countries," Working Papers 200301, CERDI.
    11. Wasseem Mina & Jorge Martinez-Vazquez, 2002. "IMF Lending, Maturity of International Debt and Moral Hazard," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper0301, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    12. Essers, Dennis & Ide, Stefaan, 2019. "The IMF and precautionary lending: An empirical evaluation of the selectivity and effectiveness of the Flexible Credit Line," Journal of International Money and Finance, Elsevier, vol. 92(C), pages 25-61.
    13. Andrea F. Presbitero & Alberto Zazzaro, 2010. "IMF Lending in Low- and Middle-Income Countries in the Wake of the Global Crisis," Development Working Papers 305, Centro Studi Luca d'Agliano, University of Milano.

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